The 10 Deadly Costs Of Retail Fraud

Sometimes the true impact of fraud is not readily apparent or easy to measure. For example, chargeback fees add up to $2.27 worth of actual loss for every $1 in e-Commerce fraud. Worse yet, some “invisible” fraud costs are self-inflicted by retailers: Merchants cancel 2X too many orders, which not only costs them sales but wastes the $14 to $109 previously spent on customer acquisition.

And while retailers decline orders at a rate of 2.6%, in reality this is nearly three times the actual 0.9% fraud rate. The 1.7% “fear of fraud” sales gap translates into $14.5 billion in lost sales. Learn about all 10 deadly costs of fraud in this infographic from Kount.

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IG Kount 8.2.16

Source: Kount

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