Ecommerce Fraud Management Systems: The What The Why and The How

Card-not-present credit card fraud cost online merchants 0.9% of revenue in 2010 (down from 1.4% in 2008 and 3.6% in 2000) according to research by Cybersource.
The expense of chargebacks, unrecoverable transfers, unnecessary shipping costs and human resources to investigate disputes add up, and a company?s goodwill can be damaged with banks when fraud rates [...]

Source: http://www.getelastic.com/ecommerce-fraud-management/

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