The Seven Types Of e-Commerce Fraud Explained
Information Age, November 25th, 2019
November 25, 2019,
Volume 260, Issue 4

Karsten Witke, head of payment services risk at PPRO Group, discusses the different ways in which e-commerce fraud can be committed

"E-commerce fraud is constantly increasing, and alternative payment methods are attracting criminals.

While the increase itself is nothing new (there has been more e-commerce fraud every year since 1993), the rate is impressive. CNP fraud is predicted to increase by 14% by 2023 and could cost retailers $130 billion..."

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