NoFraud
Glossary Term1 min read

Promo Abuse

Promo abuse, or promo fraud, refers to deceptive practices involving the misuse or unauthorized application of promotional offers, discount codes, or coupons by fraudsters to obtain merchandise below market value. This type of fraud can include creating fake coupons, exploiting loopholes in promotional offers, or using stolen information to illegitimately claim discounts. Businesses can suffer significant losses from such activities, impacting their revenue, damaging brand reputation, and undermining the trust of genuine customers.

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