Sorted by Tag: fraud
7 Easy Steps to Reduce eCommerce Fraud
eCommerce fraud is more prevalent than ever as online sales continue to set historic numbers. And, dealing with fraud is costly to merchants — it has the potential to cost you more than 7.5% of your current revenue!
Unfortunately, dealing with evolving fraud tactics is frustrating and time-consuming. And, protecting yourself against potential risks can backfire. Sometimes merchants end up declining real orders and lose customers as a result.
Nonetheless, any online seller needs the right processes and technology in place to safeguard their data. Otherwise, fraud can quickly drain your profits and ruin your brand reputation.
Follow these 7 easy steps to protect your online store today, keeping your bottom line healthy and your customers happy.(more…)