A recently announced study gave solid evidence for something those of us in the electronic payment industry have known all along - electronic payments are good for the economy.

Combatting credit card fraud is a huge issue in electronic payments. According to an article published on March 3, 2016 by Market Wired, "A recent survey conducted by Vantiv and Socratic Technologies found more than 40 percent of consumers have fallen victim to either credit or debit card theft or fraud."