Alternative payment methods are creating new fraud risks

eCommerce fraud to merchants to exceed $48 billion / eCommerce merchants must step up their fraud prevention strategies A Juniper Research study found that the total cost of eCommerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. It predicted that this growth will be accelerated by increasing use of alternative payment methods, such as digital wallets and BNPL (Buy-Now-Pay-Later), which are creating new fraud risks. The … More → The post Alternative payment methods are creating new fraud risks appeared first on Help Net Security.
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