Visa highlights four key reasons:
1. It’s a Business for Criminals
Fraudsters treat scams like a job. They look for the easiest way in — targeting weak links in the payment system and exploiting gaps in consumer behavior.
2. They’re Tech-Savvy
Criminals are early adopters of AI and automation. They use these tools to scale phishing attacks, impersonate people with deepfakes, and run brute-force attempts to guess card details.
3. We’re All Human
Scammers rely on urgency, emotional manipulation, and impersonation to trick people. Whether it’s a fake call from “your bank” or a too-good-to-be-true offer, these tactics work — fast.
How Do Card Details Get Leaked?
Here are the most common ways fraudsters get hold of card info:
Phishing: Fake emails or texts that trick you into entering your card details.
Data Breaches: Hackers target retailers, banks, and payment processors to steal card numbers in bulk.
Malware: Malicious software on your device can capture keystrokes or screen data during online purchases.
Social Engineering: Scammers pose as trusted contacts to get you to share sensitive info.
Fake Merchants: Fraudsters set up fake online stores to collect card details without delivering anything.
How Visa Fights Back
Visa’s fraud prevention strategy is multi-layered:
AI-Powered Detection
Visa has invested over $12 billion in fraud prevention tech, stopping $14 billion in suspected fraud in the U.S. last year alone.Cyber Fusion Center
A global monitoring hub that uses AI to detect and respond to threats in real time.Scam Disruption Unit
A specialist team that blocked $350 million in fraud in 2024 by shutting down scam networks and fake merchants.Public-Private Partnerships
Visa works with governments and banks to share intelligence and coordinate fraud prevention.Consumer Education
Visa encourages users to spot red flags like urgency, emotional pressure, and suspicious links — and to use tools like transaction alerts and strong passwords.
✅ What You Can Do as a Dosh User
Enable real-time alerts in your Dosh app to track every transaction.
Use biometric login for added security.
Lock your card instantly if something doesn’t look right.
Never share your card details via email, text, or unknown websites.
Report suspicious activity to our support team — we’re here to help.
Fraudsters are getting smarter — but so are we. With Dosh and Visa working together, you’ve got powerful protection in your pocket.