Do you know what fraud is and why it sends chills down the merchant’s spine when they just think of it? Read on to learn several types of online payment fraud and how to prevent it.
Fraud can happen anywhere in the eCommerce world. It doesn’t matter if you’re running a small online business or are an owner of a retail chain. Technology developing and eCommerce market growth are incentives for fraudsters to find new ways of hacking into the market. It’s hard to estimate the true scale of fraud in business, but it’s a serious
Payment fraud is a term that scares every ecommerce business owner. There is nothing to be surprised about, fraud can be very costly, and it comes with your money as well as with your credibility and customer’s trust. Read the post to see the meaning of payment fraud.