People love paying with credit cards. For ecommerce sites, taking credit card payments is an essential part of doing business. Every 30 seconds, ecommerce sales generate more than $931,000 from desktop computers and add nearly $270,000 from mobile technology. The problem is that along with legitimate sales come fraudulent ones. Credit card fraud cost the…
Category: Card not present fraud prevention
How Chargebacks Can Help You Battle Credit Card Fraud Right Away
People once predicted that cash would become obsolete and everything would be done with a swipe of a plastic credit card. Although cash is still around, credit card use is still on the rise, especially with the rise of online shopping. According to a Forrester Research survey conducted in 2014, online retail is supposed to…
