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Why is eCommerce fraud a global problem for payment merchants?

By Puja Sharma

July 11, 2023

  • Account to Account Payments
  • AI
  • Credit risk
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eCommerce fraud is growing fast and financially impacting businesses across the globe, according to new research from Ravelin. In the last twelve months, merchants have seen a huge leap in online payment fraud (up 59%), account takeover (up 51%), promotion abuse (up 52%), refund abuse (up 53%) and customer fraud/ friendly fraud (up 40%). Merchants […]

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