As ecommerce grew in 2020, so did fraud. Find out how brands and retailers are fighting fraud and the biggest threats our new report uncovered.
Many people make credit card purchases every day on pocket-sized devices with just a single tap of a button. Smartphones are owned now by billions of people around the world, so the ecommerce market has expanded rapidly and will only get bigger.
Ecommerce companies need to adjust to the rapidly evolving pace of technology better than their rivals do, or they’ll get left behind. Online retailers need to have the tools to keep up, because the marketplace only expands as smartphones become more common.
Let’s take a deeper look at the many cutting-edge ways today’s best online merchants use ecommerce platforms to stop chargebacks from harming their business, by streamlining operations and preventing fraud from draining revenue.