Friendly fraud costs online retailers over $132 billion annually — and it's only increasing. In fact, 75% of merchants reported an average 18% increase in friendly fraud over the last three years.
While this is a known challenge, even legitimate customers can contribute to fraudulent losses.
Understanding friendly fraud is crucial for Shopify merchants to protect their operations and thrive in today’s competitive online marketplace. But how can you do this successfully if you're time- and resource-strapped?
This is where SEON can help. Join our demo to find out how to stop fraud before it happens by: