eCommerce fraud is real and costs merchants dearly. Every $1 of fraud cost U.S. retailers $3.36 in 2020 compared with $3.13 in 2019 according to Lexis Nexis. Unfortunately, no business is immune to fraud but you can have tools in place to mitigate risk.
If your store is on the BigCommerce platform, a beta opportunity has opened up for merchants interested in decreasing fraudulent transactions, using Checkout.com.
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