Retail Fraud: Retailers hit by growing fraud during cost of living crisis

19 Oct 2023 2:01 PM | Anonymous member (Administrator)

Online grocery retailers are being hit by a triple whammy of fraud as the cost of living crisis bites, according to a new report from Ravelin.

A key risk factor for most merchants in the sector is the rise of friendly fraud, which includes chargebacks, promotions and policy abuse by retailers’ own customers.

https://londonlovesbusiness.com/retailers-hit-by-growing-fraud-during-cost-of-living-crisis/

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