Online fraud costs shoppers €25.7m

Irish consumers have been urged to make sure they do not become victims of online fraud this April Fool’s Day, after shoppers were cheated out of a combined €25.7m during last year.

Figures revealed by leading payment service provider Sage Pay show the massive sum of money was effectively stolen from the public as a result of online transactions in 2012.

Since the start of last year, almost 75% of credit and debit card frauds in Ireland have been connected to online transactions.