Global online payment fraud costs to exceed $362bn in next 5 years

26th June 2023 Consumer Lending | #payment farud

A new study from Juniper Research has forecasted that merchant losses from online payment fraud will exceed $362 billion globally between 2023 to 2028, with losses of $91 billion alone in 2028. A rise in eCommerce transactions in emerging markets is driving this growth. Merchants there are facing new threats, such as increased use of…

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