Online Fraud Burdens Merchants

Sep 17, 2013 3:11 PM  By

Fraud is a scary thing and it is burdening merchants everyday with higher costs.  According to this infographic by LexisNexis,  for every $1 in fraud loss, merchants are paying $2.79.  While fraud losses continue to grow, many ecommerce merchants believe fraud prevention is too expensive.  It is these merchants that experience two times more in fraud losses.


Click here to see the full infographic