As ecommerce grows as an industry, it becomes more and more imperative that online merchants understand and protect themselves from online fraud. There’s plenty of focus in the media about risks to consumers as far as giving up their credit card information online is concerned. But few publications concern themselves with the losses experienced by merchants who take their sales to the Internet.
If you accept payment online or are considering accepting online payments, take the time to educate yourself about the risks.
This month, merchant911.com, an organization dedicated to educating online merchants about the risks of fraud, published their 2007 eCommerce Chargeback Report If you are an online merchant, take a minute to read the report. You’ll be glad you did.