To compile the fraud statistics referred to in Article L. 141-4, issuers of means of payment shall send the necessary information to the Payment Security Observatory. The Observatory shall issue recommendations to harmonise the methods of calculating fraud on the different types of means of payment.
In order to keep a technological watch on means of payment, the Observatory collects available information likely to enhance the security of means of payment and makes it available to its members. It makes proposals to combat attacks on the security of these means of payment. It organises the exchange of information between its members, while respecting the confidentiality of certain information.