Last year Dutch consumers made more debit card payments than cash payments for the first time ever, according to Dutch central bank DNB and Payments Association Netherlands
Last minute Christmas shopping in the Netherlands led to a record breaking 528 debit card transactions per second between 12:00 p.m. and 12:30 p.m. on Thursday, the Netherlands Payments Association announced
A 39 year old Belgian man was arrested on the A50 near Landerd on Saturday night after the police found dozens of debit cards and more than 1,200 Viagra pills in his car.
The Public Prosecutor demanded a 16 year prison sentence against a 43 year old man suspected of drugging and then robbing three gay men of their debit cards.
The Fraud Helpdesk has issued a warning about a new trend in debit card fraud - emails sent to consumers asking them to send in expired debit cards.
Public transit users may soon be able to pay for a trip on bus, tram, train or subway using their debit cards or smartphones. This new methods of payments are in addition to the public transport cards.
Many ABN Amro customers with current accounts will gain access to contactless payment by the end of the year. The bank's 2.3 million debit cards will be replaced throughout 2015, with 2.4 million more replaced next year. The bank is again issuing cards suitable for contactless payment on Wednesday, after dealing with nearly half a million cards already issued that were vulnerable to a security leak.
The damage done by fraud during payment transactions decreased significantly in the Netherlands last year - from 33.3 million euros in 2013 to 17.3 million euros in 2014.
The number of debit card payments in the Netherlands increased by nearly 10 percent last year. The number of payments made with iDeal increased with more than a quarter. This is according to Payments Association Netherlands.
ABN Amro has replaced 430 thousand debit cards, because they did not meet the safety requirements. It was possible to remotely guess the PIN number of those cards, which are capable of making contactless payments.