We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,258 News Articles

Online retailers at much higher risk of fraud

High street 12 times less likely to get hit by fraudsters

Retail Internet fraud is twelve times higher than offline fraud, according to a recent in-depth study by research company Gartner.

Moreover e-tailers are paying credit card discount rates that are 66 percent higher than traditional retailer fees.

Web merchants must also bear the liability and costs in cases of fraud, while their bricks and mortar high street counterparts usually get full protection against fraud by the credit card companies.

“The bottom line is that e-tailers are getting hit from all sides,” says a Gartner spokesman.


IDG UK Sites

Three buys O2 to become UK's largest network

IDG UK Sites

CarPlay and Android Auto: only a stepping stone to a fully connected car

IDG UK Sites

Microsoft's HoloLens hands-on review

IDG UK Sites

OS X Yosemite vs Windows 10: The Mac and PC operating systems go head to head UPDATED