How to Make your eCommerce Anti-Fraud

In 2012, $3.5 Billion were taken off by fraudsters, which was 0.09% of total eCommerce revenue. In 2013, 0.61% and respectively in 2014, 1.21% of total revenue was lost to frauds. As revenue is skyrocketing, fraud money is also taking a parallel hike. Merchants are paying $3.08 for every dollar for fraud they incurred in 2014. This is up from $2.79 in 2013. Existing Card Frauds (ECF) are also scoring progress and reached to 4.6% in 2014 from 3.14%. Signal Magazine states that credit card fraud will jump from approximately $3.3 billion in 2015 to more than $6.6 billion by 2018 which means that you will have to pull your socks to save your hard earned money. And the most foolish thing that intrigues me most is that, out of all this is that businesses count this fraud money in costing. But now it is the time to take the initiative to save every single penny that scammers are taking from you. In this blog, I will be piloting you Make your eCommerce Website Anti-Fraud. Here are top ten advises to save your money getting scammed.

What step to keep in mind to secure your ecommerce store.. read here.