According to a 2022 study, credit card verification services are the most common fraud detection tool among online merchants worldwide, used by 55 percent employing this method. Identity validation and verification services rank second, with half of the world's e-merchants using it, followed by two-factor telephone authentication at 44 percent.
Most common fraud detection tools used by online merchants worldwide in 2022
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CyberSource. (March 29, 2023). Most common fraud detection tools used by online merchants worldwide in 2022 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1296598/main-fraud-detection-tools-online-worldwide/
CyberSource. "Most common fraud detection tools used by online merchants worldwide in 2022." Chart. March 29, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1296598/main-fraud-detection-tools-online-worldwide/
CyberSource. (2023). Most common fraud detection tools used by online merchants worldwide in 2022. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1296598/main-fraud-detection-tools-online-worldwide/
CyberSource. "Most Common Fraud Detection Tools Used by Online Merchants Worldwide in 2022." Statista, Statista Inc., 29 Mar 2023, https://www.statista.com/statistics/1296598/main-fraud-detection-tools-online-worldwide/
CyberSource, Most common fraud detection tools used by online merchants worldwide in 2022 Statista, https://www.statista.com/statistics/1296598/main-fraud-detection-tools-online-worldwide/ (last visited November 21, 2024)
Most common fraud detection tools used by online merchants worldwide in 2022 [Graph], CyberSource, March 29, 2023. [Online]. Available: https://www.statista.com/statistics/1296598/main-fraud-detection-tools-online-worldwide/