Shining a Light on a Growing Ecommerce Threat: Chargeback Fraud
Retail TouchPoints
NOVEMBER 1, 2023
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. The hidden expenses of wasted time, expensive fees, penalties or additional losses of goods and services add up. Internet payments mean more purchases.
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