Fraud Surviving & Stopping Fraud in 2020 -> A user's guide. Fraud. It effects us all and nothing is worse than lost business because of scammers. We'll cover some basic fraud attacks and prevention methods in this article.
Fraud How eCommerce Retailers Use Identity Verification to Impact Fraud Statistically, when a fraudster successfully commits chargeback fraud, there’s a 40% chance that they will repeat this type of transaction within 90 days.
Fraud Combating Chargebacks and ‘Friendly’ Fraud It is estimated that for every $1.00 in chargebacks cost the retailer around $2.50 for the fraudulent charge. At the current rate, friendly fraud will cost merchants upwards of $25 billion this year.
