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ECT News Community   »   E-Commerce Times Talkback   »   Re: One Year Ago: Credit Card Fraud Crippling Online Merchants



Re: One Year Ago: Credit Card Fraud Crippling Online Merchants
Posted by ECT News on 2001-03-20 18:32:54

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While credit card companies have consistently maintained that
credit card fraud is no more prevalent online than in traditional
forms of commerce, a number of experts are disputing the notion.


According to Alvin Cameron, Credit/Loss Prevention Manager
for online fulfillment house Digital River (Nasdaq: DRIV),
an estimated 20 to 40 percent of online purchases are fraud
attempts. Accordingly, Cameron says, e-tailers are now facing
a do-or-die proposition.





 * Topic  Author  Date
Re: One Year Ago: Credit Card Fraud Crippling Online Merchants  ECT News  2001-03-20 18:32:54
Re: One Year Ago: Credit Card Fraud Crippling Online Merchants  DR WAEL GHUNEIM  2001-03-20 20:23:02
Re: One Year Ago: Credit Card Fraud Crippling Online Merchants  Mike Highland  2001-03-21 15:54:01
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