Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success

Fraud Management in Online Transactions - April 2024

There’s no shame in asking for help. Eighty-two percent of merchants experienced a cyber or data breach in the last year, and PYMNTS Intelligence’s latest study of 300 eCommerce executives, “Fraud Management in Online Transactions,” a collaboration with Nuvei, details merchants’ thoughts about fraud prevention, finding that outsourced methods correlate with fewer failed payments.

Inside the April Playbook
  • 68%: Portion of merchants citing customer satisfaction as a security-related challenge
  • 53%: Share of merchants using per-transaction 2FA
  • 5%: Average failed payments rate for merchants using outsourced anti-fraud processes

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    Fraud Management Report

    Cross-Border Sales and the Challenge of Failed Payments
    The Role of Fraud Screening in Minimizing Failed Payments
    Fraud Management, False Declines and Improved Profitability