According to CyberSource’s 11th annual study of e-commerce fraud. U.S. and Canadian merchants experienced a 1-2% decline in the average percentage of online revenues lost to fraud. Losses from fraud have held steady at 1.4% since 2006. Online fraud will cost North American merchants an estimated..
It’s sad, but true. When it comes to chargebacks, the credit card companies are most often on the cardholders side, not the merchants.There is a certain segment of cardholders know how to work the chargeback system in their favor. Merchants can do everything correctly, follow all card..