Although ecommerce fraud is a rising issue there are actions you can do to safeguard your shop Well show how to employ fraud prevention tools put riskbased authentication into practice maintain your software current train your workers keep an eye on your transactions and have a fraud resp ID: 1004367
Download Presentation The PPT/PDF document "How To Stop E-commerce Fraud In Your Onl..." is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Slide1
How To Stop E-commerce Fraud In Your Online Store
www.expertsinshopify.com
Slide2Introduction
E-commerce fraud is an issue that is becoming worse and can be costly for businesses of all sizes. In 2022, it was predicted that e-commerce fraud will cost $20 billion globally.
www.expertsinshopify.com
Slide3How Does E-Commerce Fraud Happen?
E-commerce fraud is the practice of obstructing a commercial transaction at an online store with the intention of profiting from it. Another way to put it is that it's a crime where thieves use tricks to defraud online merchants and the customers they serve.
Slide4The Typical Forms of E-commerce Fraud
Fraud In Card Testing
Friendly Fraud
Online Payment Fraud
Slide5E-commerce fraud is the practice of obstructing a commercial transaction at an online store with the intention of profiting from it. Another way to put it is that it's a crime where thieves use tricks to defraud online merchants and the customers they serve.
Fraud In Card Testing
Slide6Friendly Fraud
E-commerce fraud is the practice of interfering with a business transaction at an online store with the goal of making money from it. A other way to say it is that it's a crime when criminals employ deception to deceive online retailers and the clients they serve.
Slide7Online Payment Fraud
Scammers steal credit cards from victims and use them to buy pricey items from your store.
Slide8Loyalty Fraud
Triangular fraud
Slide9Triangular fraud
E-commerce fraud is the practice of obstructing a commercial transaction at an online store with the intention of profiting from it. Another way to put it is that it's a crime where thieves use tricks to defraud online merchants and the customers they serve.
Slide10Loyalty Fraud
E-commerce fraud is the practice of obstructing a commercial transaction at an online store with the intention of profiting from it. Another way to put it is that it's a crime where thieves use tricks to defraud online merchants and the customers they serve.
Slide11What Is the Prevention of E-commerce Fraud?
Customers' identities should be verified via efficient multi-factor authentication (MFA). Techniques like biometric authentication, email validation, and SMS validation can be used for this. Verify the accuracy of client data by using address verification services (AVS) and card verification value (CVV) checks as well.
E
-commerce web design Dubai
guide refers to typical e-commerce fraud kinds, how to spot them, and several strategies to stop them from happening in your online business.
Slide12Data Security and Encryption: Use secure socket layer (SSL) encryption on your website to safeguard customer data while it is being sent. With your payment gateways and third-party partners, establish stringent security requirements and adherence to industry regulations like the Payment Card Industry Data Security Standard (PCI DSS).
Slide13Continuous Monitoring and Auditing: Keep an eye out for any indications of fraud in your e-commerce business. Conduct routine security audits to find vulnerabilities and apply the required security fixes.
Slide14CONCLUSION
www.expertsinshopify.com
If you're looking for an
e-commerce website development firm in Dubai
to help you safeguard your organization against fraud, please get in contact with us right now.
Slide15Let's Connect
www.expertsinshopify.com
info@maquae.com
+971 50 708 0116