Amount is 70% higher than that observed in 2023, when losses of R $ 2.911 billion were recorded because of fraud in the payment system
The frauds did not cause losses of R $ 4.941 billion in the 2024 accumulated, show data from the. The amount is 70% higher than that observed in 2023, when losses of R $ 2.911 billion were recorded due to fraud in the payment system. The data concern the returns of values that were requested by users and institutions participating in Pix after a fraud has been found, but could not be returned. The reasons for a return not to be effective include, for example, the closing of the recipient’s account or lack of balance. In all, 3.452 million requests were rejected for these reasons in 2024. PIX fraud notifications have grown and exceeded 390,000 per month by 2024, after reaching 216 046 per month in 2023. Only in January this year, last month with information, 324,752 fraud notifications were analyzed and considered procedures by the institutions.
According to BC data obtained through the LAI (Access to Information Law), in most of the 2024 frauds, the account used to receive the resources was in the name of the fraudster himself. Of the 1.223 million scoring fraud for resource receiving users last year by PIX participating institutions, 459,578 (38%) received the “Scammer Account” category, which designates these cases. Another 328,945 (27%) were marked as “Mule Account”-the equivalent of orange accounts in the jargon of the DICT manual. Only 1% were designated as “Application Fraud”, the name used when there is ideological falsehood in the opening of the account. Another 422,932 markings (35%) occurred by other types of fraud.
Despite the increase, the proportion of fraud is inexpressive as a percentage of the total transactions made in the pix. In 2024, for example, BC’s payment system moved a total of R $ 26,403 trillion. Losses with fraud represent 0.019% of the total. The Operational Manual of the Transactional Account Identifier (DICT) Directory, which stores the PIX keys, defines fraud as any transactions started or authorized by the payer because of a coup or estelionato; initiated without the payer authorizing the transaction; started by a third party, without user recognition; or initiated by the user by coercion or extortion. After an infringement notification is accepted and closed, a return request is created to refund the values.
*With information from Estadão Content
Posted by Sarah Paula
