Aug
26
2011
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Fraud Rates Increase yet Decrease – Issue 82

New survey shows rates of web merchants

Internet Commands Back-to-School Shopping

A new survey conducted by Internet Retailer describes the new outlook on Internet fraud among web merchants. The survey showed that fraud rates have increased for 24% of online retailers while it decreased for 13% of retailers. 63% said that fraud rates were the same from last year. Those who responded are taking extra precautions to help protect their business and customers from Internet fraud by manually reviewing suspicious orders. “Retailers must continue to find ways to promote a secure online experience as well as protect consumers’ information during and after a transaction is processed,” says Souheil Badran, senior vice president and general manager at Digital River World Payments. Find out what the fraud rates actually are for these web-based merchants.

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