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Countering Fraud in eCommerce
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eCommerce merchants face the challenge of combating fraudulent activities, with a third using mechanisms to detect potential fraud as the cause of failed payments. Collaboration with payment service providers and investment in scalable fraud screening tools are crucial. The report highlights the need for balance between transaction security and customer experience.
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How can eCommerce merchants effectively strike a balance between transaction security and customer experience?
What are the potential consequences of not implementing effective fraud prevention strategies for eCommerce merchants?
What role do payment service providers play in combating fraud for eCommerce merchants?
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