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Friendly Fraud to Reach $50 Billion in 2020

According to Mercator Advisory Group, friendly fraud will account for $50 billion this year. In fact, friendly fraud is the direct reason why merchant chargebacks occur. If this is something you’re interested in and need help with chargeback insurance providers, this is the right place to be.

 

Merchant Chargebacks: Chargeback Insurance Providers

Global eCommerce sales make up $3.5 trillion U.S.D. Ecommerce is anticipated to nearly double by 2023 to account for over $6.5 billion. This year, worldwide eCommerce sales are projected to reach $4.2 trillion U.S.D.

 

Over 2.1 billion … Read More