- Why you should be concerned about ecommerce fraud
- Which businesses are most susceptible to fraud
- The types of fraud you can expect to see
- How fraud impacts your business
- Techniques proven to stop fraud in its tracks
Global ecommerce fraud is a growing problem
Between 2023 and 2027, global ecommerce fraud losses are expected to top $343 billion.
As ecommerce becomes more competitive and more focused on customer experience, companies need to attract and keep every customer. They can’t afford to turn away good customers who may be shopping less often and spending less per order. Nor can they allow fraudsters to siphon away their revenue.
Ecommerce businesses must understand the evolving fraud landscape in order to counteract fraudsters’ tactics.
Fraudsters Can Be Ruthless
These attacks are becoming increasingly aggressive and sophisticated. As more and more companies are implementing fraud protection systems, those with no protection become an even bigger target.
Even if you’ve successfully avoided fraudulent orders so far, you’re still exposed. The stakes are high, and you’ve got a lot on the line.
This Ebook will help you safeguard your profits, your reputation and your valued customer relationships – while keeping fraudsters far from your hard-earned revenue.
Yes! In today’s ecommerce landscape, every business is a target.
In our experience, companies mistakenly believe they are low-risk for two reasons:
Fraudsters have become more and more savvy.
Ecommerce businesses need to be wary and educated about the types of fraud because you
may not see a fraudster coming. Today’ criminals have created a series of schemes to try and outwit consumers and business owners. And the reality is that ecommerce businesses bear the brunt of the impact in cases of fraud
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Of course it is!
We are simply sharing our industry knowledge that our clients and team members find helpful. Let us know if you have any additional fraud or ecommerce questions.
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"ClearSale has a great fraud protection program using their algorithmic matching of potentially fake orders, and will scan them as they come up and reject them if they are suspected as fraud."
"I don't have to spend time researching orders to see if they are fraud or not. I love that ClearSale backs up their approvals with a money-back guarantee if the order turns out to be fraud."
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