Shining a Light on a Growing Ecommerce Threat: Chargeback Fraud
Retail TouchPoints
NOVEMBER 1, 2023
As online commerce continues to surge, chargeback fraud victimizes more and more retailers. Experts report that chargebacks will cost merchants over $100 billion in 2023, and false claims and abuse of the chargeback process are a growing threat to merchants. And that market value is expected to increase by 11.17% each year.
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