Chargebacks and Friendly Fraud

Chargebacks and Friendly Fraud

More than $5.5 billion in credit card fraudoccurs every year worldwide. Credit card fraud can occur for various reasons including stolen or fake cards, account takeovers, and information hacks. Stolen cards are generally reported immediately bycardholders;however, the perpetrator can keep running up a great deal of amount in charges by making unapproved purchases before the[…]