India, Oct. 26 -- The Better Business Bureau (BBB) has issued a nationwide warning about a new fraud that targets consumers who make transactions using contactless payment methods.

Known as "ghost tapping," the fraud takes advantage of the ease of tap-to-pay credit cards and mobile wallets by exploiting wireless technology to take money from unwary victims, frequently without making direct contact.

In order to avoid fraud detection systems, scammers often make modest, undetectable withdrawals from victims' accounts, so they might not become aware of unlawful activities until large sums have been taken out.

Millions of American consumers depend on contactless payments for everyday transactions, and "ghost tapping" puts them at risk. Tap...