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Mobile and social media commerce to inflate online fraud losses by £30 million

Mobile and social media commerce to inflate online fraud losses by £30 million

The cost to the UK economy of e-commerce fraud is expected to grow by £30 million by 2015 as mobile phones and social networking sites create new opportunities for criminals, PayPoint.net claims today. According to a report conducted by the Centre for Economic and Business Research (Cebr), on behalf of PayPoint.net, the impact of e-commerce [...]

The post Mobile and social media commerce to inflate online fraud losses by £30 million appeared first on Payments Cards & Mobile.

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