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Ecommerce Fraud Risk — The Ultimate Guide to Growing Online Sales Safely

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After reading this ebook, you will discover:

  • 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

About this e-book

Ecommerce Fraud Risk

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.

Frequently Asked Questions (FAQs)

Do “low-risk” businesses still need a fraud management tool?

Yes! In today’s ecommerce landscape, every business is a target.

In our experience, companies mistakenly believe they are low-risk for two reasons:

  • Your company cancels any order it finds suspicious. This solves the fraud problem, but it also means you’re probably declining many safe purchases made by good customers.
  • Your company has yet to be discovered by fraudsters. This is just a question of time and market exposure. Eventually, fraudsters will test this information on your website and launch a large-scale attack.
  •  

Why must businesses be aware of the types of ecommerce fraud?

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

Why do I need to fill out the information requested?

We will always keep your personal information safe.

We ask for your information in exchange for this valuable resource to improve your website user experience and send you additional information that is related to this topic and growing your business. You can read more about our privacy policy here.

Is this actually free?

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.

Fill out the form and optimize your fraud prevention process today!

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ClearSale Reviews

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Barry N.

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From the viewpoint of someone who has been the victim of credit card fraud

"We are in the Durable Medical Equipment supply industry and we use Shopify as our shopping cart. With Covid 19 we have seen a tremendous increase web traffic and online purchases. Prior to Covid 19 we had a number of fraudulent transactions that led to multiple investigations on Local, State and Federal levels all of which produced no returns only because the crooks were faster. This cost us in..."

Anonymous

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