With 59.5% of the world population having access to the internet and with more consumers driven by convenience shopping, it’s not surprising to learn that global retail eCommerce sales are projected to reach $4.9 trillion by 2021. However, we also see that global payment fraud is on the rise and will cost merchants $40.62 billion in losses by 2027.
This eBook will examine some of the ways eCommerce businesses can protect themselves against fraud.
Some other things you’ll learn:
- How to protect your business against chargebacks
- What is friendly fraud and how to prevent it
- How to improve approval rates and eliminate manual review
- How your eCommerce site can reduce cart abandonment