Large multichannel, ecommerce and mcommerce merchants experience between 707 and 880 fraud attempts each month, and upwards of 60% of those attempts succeed. Here’s why merchants need to effectively dispute unjustified chargebacks, but also assess and change practices that may be contributing to errors or approval of unauthorized transactions.
CNP Expo was held May 24-26 at Loews Pacific Resort in Orlando. While card not present payments, fraud prevention, and handling of chargebacks were prevalent themes at the show, an awful lot of attention was paid to cross-border ecommerce. Here are 6 of the top cross-border ecommerce tips from CNP Expo speakers