Police call on the banks to limit the number of tap-and-go transactions per day
Senior police want a limit on the number of daily ‘tap-and-go’ transactions amid a surge in deception offences.
New figures show there’s been a massive jump in the number of crimes since the technology was introduced.
The Herald Sun reports there are now over a thousand more offences every month, with a corresponding surge in theft from cars.
The banks are being urged to impose a limit of three transactions a day.
Chief Executive of the Australian Bankers’ Association, Steven Munchenberg, told Neil Mitchell the ABA is surprised by the figures reported.
‘Fraud on tap-and-go is actually very very low; we’re surprised by the calls that have come from Victoria police’.
Mr Munchenberg said any fraud that occurs through tap-and-go transactions is at the cost of the banks.
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