Fraud and Security

What Is Refund Fraud and How Can You Detect It?

Among the many challenges e-commerce businesses face, none are as problematic as the issue of fraudsters. Companies have to be on alert and have different strategies for fighting fraud. One of the most common ways fraud is committed is through illegitimate returns. Recent reports show that the rate of online returns was to reach 10% by 2022. Many online shoppers now know how easy it is to deceive online businesses and bypass any inspection process they may have. In fact, there are hundreds of materials online and guides that show how to get additional refunds from online stores.