"Credit card fraud became the most common form of identity theft in Q3 2025, rising 54% year-over-year and increasing steadily since 2019, according to the FTC."
"Fraud rates on accepted orders are 65% higher for SMBs than for enterprise businesses, according to a 2024 Verifi study."
Small businesses face dual challenges: adapting to new payment methods and protecting against fraud. Despite growing use of contactless payments, credit card fraud remains prevalent and more targeted at SMBs, who lack the resources to combat it effectively.
Read at Tearsheet
Unable to calculate read time
Collection
[
|
...
]