Payment fraud increases by 27% to reach €179m in 2025

Payment fraud increases by 27% to reach €179m in 2025

New figures from the Central Bank show that the total value of fraudulent payments reported by payment service providers here increased by 27.2% to over €179m last year.

Big increase in amount of money stolen from consumers in payment fraud stings

Half of fraud due to scammers using social engineering to deceive consumers

Payment fraud jumps 27% to €179m, including 54,000 contactless payments

Despite a lower fraud rate, cheques recorded the highest average fraud value at €9,741, says Central Bank

Central Bank report finds payment fraud increases by 27% to reach €179 million in 2025

The Central Bank of Ireland today published its annual Payment Fraud Statistics, which shows the total value of fraudulent payments […]

Payment fraud increases by 27% to reach €179 million in 2025

The Central Bank of Ireland today (Friday 4 September) published its annual Payment Fraud Statistics, which show the total value of fraudulent payments reported by Irish resident payment service providers increased by around 27% to over €179 million in 2025. The publication shows in 2025: • The total fraudulent payment value stood at €179.04 million (up 27.2 per cent from €140.80 million in 2024) • Fraud affects approximately 1 in 10,000 payment…

Payment fraud up more than a quarter to €179m

The value of fraudulent payments reported by Irish payment service providers increased by more than a quarter (+27%) last year to €179m. Figures from the Central Bank show there were €179.04m in fraudulent payments made in 2025, up from €140.8m the previous year. Fraud was found to have affected approximately one in 10,000 payment transactions, […]