E-COMMERCE
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eCommerce Chargebacks and Remedies
According to a recent report (Oct, 2008) by CyberSource (a leading payment & risk management services company), a record USD4B were lost due to online scams by online retailers in 2008.
The silver lining in the above is that retailers have managed to restrict the percentage fraud under 1.5% since 2006.
But with rising unemployment and recession, [...]
