Among the world regions analyzed in a 2021 study, Latin America and Asia-Pacific had the highest percentage of accepted e-commerce orders that turned out to be friendly fraud. Friendly fraud is a practice in which a consumer purchases a product or service online and subsequently files a claim with their bank - denying the purchase or claiming they did not receive their order - to receive a refund.
Share of accepted online orders found to be friendly fraud worldwide in 2021, by region
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CyberSource. (September 28, 2021). Share of accepted online orders found to be friendly fraud worldwide in 2021, by region [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1296583/accepted-orders-friendly-fraud-worldwide-region/
CyberSource. "Share of accepted online orders found to be friendly fraud worldwide in 2021, by region." Chart. September 28, 2021. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1296583/accepted-orders-friendly-fraud-worldwide-region/
CyberSource. (2021). Share of accepted online orders found to be friendly fraud worldwide in 2021, by region. Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1296583/accepted-orders-friendly-fraud-worldwide-region/
CyberSource. "Share of Accepted Online Orders Found to Be Friendly Fraud Worldwide in 2021, by Region." Statista, Statista Inc., 28 Sep 2021, https://www.statista.com/statistics/1296583/accepted-orders-friendly-fraud-worldwide-region/
CyberSource, Share of accepted online orders found to be friendly fraud worldwide in 2021, by region Statista, https://www.statista.com/statistics/1296583/accepted-orders-friendly-fraud-worldwide-region/ (last visited November 24, 2024)
Share of accepted online orders found to be friendly fraud worldwide in 2021, by region [Graph], CyberSource, September 28, 2021. [Online]. Available: https://www.statista.com/statistics/1296583/accepted-orders-friendly-fraud-worldwide-region/