7 Types of Fraud E-Commerce Sellers should Lookout for

Any company that decides to start an online business or to move into a multi-channel approach, making its offer available online, is going to deal with new issues and threats. Online frauds are radically different from ones typically seen in brick-and-mortar businesses. The first fundamental difference is that you can’t see your transactions’ counter-party. This fact makes it harder to verify the identity of the person purchasing on your site. The following types of online fraud are usually addressed to those companies who sell goods or services. Fraudsters may be interested to obtain funds, merchandise or expensive items to resell....

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