‘Swipe’ Users Lose $200 000 This Year Already Due To Debit Card Cloning

By Alvine Chaparadza

A report published last week by the Zimbabwe Republic Police of the rising cases of debit card cloning symbolizes one of the major risks of using the “plastic money”. Chief Superintended Paul Nyathi stated that from the beginning of the year to 15 March 2018, debit card holders had already lost $200 000 to the perpetrators of bank card cloning. Card cloning crimes first came to public attention with isolated cases but now the problem is spreading rapidly.

Zimbabwe has been battling cash problems so the surge of this type of crime can be attributed …read more