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Feb. 23, 2021 | We thank Ekata for advertising with us.
False Declines Kill Ecommerce Profits
The rise in sophisticated credit-card fraud requires new measures to reduce losses. But merchants often cast a broad net, declining any "suspicious" transaction. The result is dramatically more false declines than actual fraud. Minimizing false declines is the hidden way to boost ecommerce profits.
In 2021, actual fraud worldwide is projected to be $6.4 billion. But false declines will reach a whopping $443 billion — 70 times higher.
Ekata is the global leader in precise ecommerce fraud detection. Download Ekata's latest ebook to learn how to lower false declines — and boost profits. DOWNLOAD NOW
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