India’s fraud rate almost twice global average: TransUnion

Suspected digital payment fraud in India rose sharply in 2025, reaching 7.1% of transactions — almost twice the global rate of 3.8%, according to TransUnion’s Top Fraud Trends Report published on Tuesday.

During the year, logistics saw the highest share of suspected digital fraud at 16.3%, followed by telecommunications at 14.7% and insurance at 11.5%.

These sectors often rely on real-time interactions, distributed networks and high-frequency transactions, creating opportunities for fraudsters to exploit gaps in identity verification and authentication, the report noted. Suspected digital fraud in India’s telecommunications sector jumped 300%, marking the largest increase among industries.