Merchant Updates Blog

Simple Merchant fraud avoidance tips

Posted by Singular on Aug 1, 2018 10:12:00 AM

As a busy merchant, you process card payments daily and you may have a large staff with different people handling those payments throughout the day, which makes implementing fraud avoidance procedures a little trickier. Here are some quick and easy tips you can incorporate today.

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Topics: fraud, avoid chargebacks, credit card fraud

Tips to stop fraud and avoid chargebacks this holiday season

Posted by Danielle Lafontaine on Nov 22, 2017 5:02:00 AM

Chargebacks will suck the cheer right out of your holiday sales this season which is why we’ve compiled a list of tips to avoid them whenever possible. Reportedly 86% of all chargebacks are probable cases of ‘friendly fraud’ or mistakes by the customer, and at the current rate, friendly fraud will cost merchants upwards of $25 billion a year by 2020. Fraud attempts rose 33% in 2016, while successful fraud attacks increased 32%. Merchants lose out on $118 billion in sales due to false positives each year. So read on because this is important stuff!

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Topics: emv fraud liability, holiday merchant tips, avoid chargebacks, holiday fraud, credit card fraud

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