Fraud Fears Hamper Growth of Online Retail

Hamburg-based business intelligence organization has released a report on the effects of fraud on B2C E-Commerce and online payments. The report, “Fraud in Global B2C E-Commerce and Online Payment 2014” shows that as online retail revenue is increasing at double digit growth rates globally, and is expected to total nearly 2 trillion Euros in the next four years, fraud is also increasing. []

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