View a recording of Fraud.net President, Cathy Ross, as she walks through the key findings of what may be the most in-depth study of friendly fraud ever created.
Did you know?
- Friendly fraud can result in a 1% reduction in legitimate sales, amounting to a 25% reduction in profits for online businesses (no typo).
- Friendly fraudsters will hit a company nine times before they’re shut down, consequence-free, allowing them to move on to other businesses.
- Chargebacks often understate the true impact of friendly fraud, which can be four times as large.
This webinar is ideal for anyone with a stake in ecommerce or payments, seeking more insight into the most expensive but least recognized form of online fraud aimed at businesses.
[…] so easy to request chargebacks, in fact, that it’s estimated that 80 percent of them are actually fraudulent — that is, the online business has delivered the goods or […]