Nearly 23% of Digital Interactions in 2020 Were Fraud Attempts

2020 was a rotten year for many things, but it was a great year for ecommerce. Unfortunately, wherever there’s more activity, there’s also more fraudulent activity: 22.9% of all digital interactions last year were fraud attempts, and each attempted fraudulent purchase in 2020 was worth 70% more on average than in 2019.

Discover more about the relationship between chargebacks and online fraud, and what methods have proven successful in combatting the problem, in this infographic from Chargebacks911.

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