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.

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Click here to see the full infographic