Posts From Vesta E-Commerce Blog
Are You Protecting Your Digital Wallet Users From Fraud?
As more users adopt them, fully digital payment methods like e-wallets are becoming increasingly vulnerable: fraud can creep in before and during transactions. More than 140 million people adopted digital wallets in 2019 globally. This number is only projected to increase in
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Successful Chargeback Management Starts with Fraud Prevention
Failing to prevent criminal fraud makes it harder to address other threat sources that can potentially cause chargebacks. If you’ve operated in the eCommerce space for any significant length of time, you’re probably familiar with credit card disputes, commonly known
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Types of E-Commerce Fraud and How to Protect Against Them
E-commerce retailers deal with an average of 206,000 web attacks per month. Understanding the various types of e-commerce fraud is essential if you want to know how to effectively stop them. As consumers continue to shift towards purchasing products primarily
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How to Overcome the Rising Challenge of Chargebacks
The cost of chargeback claims can quickly add up for an online retailer. In this article, learn about the single most effective way to overcome the challenge of chargebacks. At this point, there’s no denying that the cost of card-not-present
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How to Protect Your Ecommerce Business From Fraud This Black Friday and Cyber Monday
As we head into the holiday season, we’re projecting a significant increase in fraud attacks targeting eCommerce businesses. In this article, learn how to protect your business from the threat of fraud. In 2020, consumers spent $861.12 billion online with U.S. merchants
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Understanding How Chargeback Fraud Impacts Your Revenue Growth
By understanding how chargeback fraud occurs and how costly it can be for your online business, you can take the necessary steps to prevent it. Did you know that credit cards are the most common payment method identified on all fraud reports?
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Buy Now, Pay Later Fraud: How to Stop it From Impacting Your Bottom Line
Buy now, pay later (BNPL) payments have become the latest target for fraudsters. In this article, explore why BNPL is becoming a difficult (and costly) service for merchants to offer. Offering “buy now, pay later” payment options is the latest
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Machine Learning: The Future of E-Commerce Fraud Prevention
Machine learning plays a pivotal role in effective fraud prevention systems. In this article, learn how machine learning can significantly improve your business’ ability to stop fraud attacks. With the recent surge in e-commerce usage globally, the possibility of an
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Fraud Prevention Tactics for Cross-Border eCommerce Businesses
Making the decision to take your eCommerce business global can be a lucrative one, but also introduces a higher risk of fraud attacks. In this article, learn how to protect your business from fraud when selling internationally. There’s no better
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How to Prevent Promo Abuse Fraud From Damaging Your eCommerce Business
In this article, learn about what promo abuse fraud is and the steps you can take to prevent it from hurting your company’s bottom line. According to the most recent Association of Certified Fraud Examiners (ACFE) report, U.S. businesses lose
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