A back to the future moment in this article.
Detective Superintendent Brian Hay from Queensland’s Fraud and Corporate Crime Group says one of the best ways to fight credit-card identity theft would be to limit cards for use within Australia.
We used to have an ‘Australia only credit card’, before Mastercard and Visa came to our shores.
It was called Bankcard. It closed in 2007, presumably because it was not sufficiently profitable. Perhaps its time to revisit that decision.