Friendly fraud is a common credit card fraud that impacts eCommerce businesses. It occurs when a customer files a chargeback with their credit card company on a legitimate transaction rather than first trying to obtain a refund from the merchant. It’s also commonly known as a form of chargeback abuse, chargeback fraud, or cyber shoplifting.
Discover what card cracking is, how fraudsters exploit e-commerce systems and learn effective prevention strategies. Stay informed with our guide on the latest tips to protect your business from card cracking and other types of payment fraud.
Explore effective strategies for chargeback fraud prevention. Understand common types like friendly fraud, card cracking, and e-commerce fraud. Learn how tools like Fingerprint can identify purchasers to reduce losses.
The Buy Now, Pay Later industry is worth more than $100 billion and growing every day. As an eCommerce retailer, should you offer flexible installment payments at your checkout? Here's four things to consider before deciding on a BNPL provider.
Chargebacks can cost your business money, inventory, and negatively impact your merchant reputation. Learn how to prevent chargebacks from harming your business through preventative measures.