The fraud and counterfeiting of non-cash means of payment pose a serious threat to the EU’s security - they provide important income for organised crime and enable other criminal activities such as terrorism, drug trafficking and trafficking in human beings. In addition, non-cash payment fraud affects the trust of consumers in the security of the digital single market, reduces economic online activity and causes important economic losses.

To boost Member States’ capacity to prosecute and sanction cyber criminals committing non-cash
payment fraud, the Commission is proposing a new Directive to combat the fraud and counterfeiting of noncash
means of payment.

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