eCommerce retailers are missing out on billions

8th March 2013

eCommerce retailers are missing out on billions

The UK’s eCommerce retailers are missing out on £1.8 billion
of potential revenue by wrongly rejecting transactions on suspicion of fraud. A
quarter of all transactions are automatically rejected and sent to manual
review, but of these, only 30 per cent
prove fraudulent, according to the latest eCommerce Fraud Report from CyberSource.

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