Sunday, May 30, 2010

World Cup fans worried over plastic 2010 South Africa Fifa World Cup NEWS CENTRE May 30, 2010


Football fans heading to the World Cup in South Africa have been warned not to take excess cash after research revealed many do not trust plastic.

More than third (37%) are more worried about the security of their cards overseas than at home, a survey found.

As a result around seven out of 10 people stuff their pockets full of cash to minimise their chances of falling foul of credit card fraudsters.

Tens of thousands of Britons are expected to travel to South Africa during the month-long tournament, which kicks off on June 11.

David Divitt of electronic payments company ACI Worldwide, which commissioned the YouGov poll, warned that wads of banknotes can attract trouble.

He said: "Taking South Africa as a topical destination of choice, the use of cash as a bank card replacement defies all logic. There are numerous risks in carrying sums of banknotes around and the fact that more than two-thirds of consumers using their cards overseas take this course of preventative action is very concerning.

"Our advice to people is to use cards but use them sensibly, taking the appropriate precautions."

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