In recent years, online merchants worldwide have increasingly prioritized minimizing the operational costs associated with fraud. Preventing fraud and chargebacks has become even more critical, with 46 percent of e-merchants prioritizing it in their fraud management strategy in 2023, up from 40 percent in 2021. Meanwhile, improving the customer experience — the top priority in fraud management strategies in 2021 — fell to second place over the past two years.
Main priorities guiding fraud management strategies for online merchants worldwide from 2021 to 2024
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CyberSource. (March 29, 2024). Main priorities guiding fraud management strategies for online merchants worldwide from 2021 to 2024 [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1308649/fraud-management-priorities-online-merchants-worldwide/
CyberSource. "Main priorities guiding fraud management strategies for online merchants worldwide from 2021 to 2024." Chart. March 29, 2024. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1308649/fraud-management-priorities-online-merchants-worldwide/
CyberSource. (2024). Main priorities guiding fraud management strategies for online merchants worldwide from 2021 to 2024. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1308649/fraud-management-priorities-online-merchants-worldwide/
CyberSource. "Main Priorities Guiding Fraud Management Strategies for Online Merchants Worldwide from 2021 to 2024." Statista, Statista Inc., 29 Mar 2024, https://www.statista.com/statistics/1308649/fraud-management-priorities-online-merchants-worldwide/
CyberSource, Main priorities guiding fraud management strategies for online merchants worldwide from 2021 to 2024 Statista, https://www.statista.com/statistics/1308649/fraud-management-priorities-online-merchants-worldwide/ (last visited November 26, 2024)
Main priorities guiding fraud management strategies for online merchants worldwide from 2021 to 2024 [Graph], CyberSource, March 29, 2024. [Online]. Available: https://www.statista.com/statistics/1308649/fraud-management-priorities-online-merchants-worldwide/