EMV [was: Re: Why Blockbuster looks at your ID.]

[Victor Duchovni]

On Fri, Jul 08, 2005 at 03:48:30PM -0400, astiglic at okiok.com wrote:

> > We're on the order of 4.7 cents on the $100.
> 
> 
> Interesting statistics.
> Seems like it's the same thing in Canada
> http://www.rcmp.ca/scams/ccandpc_e.htm
> Reported $227M in credit card fraud in 1999, droped at $200M in 2003.
> 

Whose loses do these numbers measure?

	- Issuer Bank?

	- Merchant?

	- Consumer?

	- Total?

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