55% US online merchants have accepted orders from outside US and Canada in 2005. The rate of direct fraud for the international orders was 2.4% more than twice the overall fraud rate for online orders, according to CyberSource Report.


55% US online merchants have accepted orders from outside US and Canada in 2005. The rate of direct fraud for the international orders was 2.4% more than twice the overall fraud rate for online orders, according to CyberSource Report.

According to CyberSource`s “Seventh Annual Online Fraud Report”, “Though international markets represent an attractive opportunity, online merchants must make sure that their fraud detection and management systems are robust enough to handle the additional risk involved”. [source]

 

 

 

 

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