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Fraud costs rise, challenging online businesses

Fraud costs rise, challenging online businesses

Fraud is taking a bigger bite out of UK online revenues. One in eight businesses in 2008 suffered fraud losses in excess of 5% of total online revenues, while rates of more than 1% are now common. The figures come from a survey of 150 online merchants undertaken by CyberSource and was conducted by research [...]

The post Fraud costs rise, challenging online businesses appeared first on Payments Cards & Mobile.

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