Question
Does the breakdown on “card payments by fraud types” in Table E of the EBA Guidelines on fraud reporting under PSD2 refer only to cards with a credit/delayed debit function?
Background on the question
The question has been raised by credit institutions. In our view, the breakdown by fraud type is required for all cash withdrawals using a card, irrespective of the type of card used, i.e. both for cards with a credit or delayed debit function and for debit cards.
Answer
The breakdown on “card payments by fraud types” in the Data Breakdown E in Annex 2 of the EBA Guidelines on fraud reporting under PSD2 (EBA/GL/2018/05) as amended by the EBA Guidelines EBA/GL/2020/01, refers to all cash withdrawals using a card, including both cash withdrawals using cards with a credit/delayed debit function and cash withdrawals using cards with a debit function.