In 2022, a survey conducted among e-commerce merchants in Canada revealed a decline in the percentage of fraud costs related to online transactions. Conversely, the mobile channel experienced a rise in fraud costs among Canadian e-merchants, surpassing one-third of the total. Notably, fraudsters appeared to focus more on in-person and call center transactions.
Distribution of fraud costs for e-commerce merchants in Canada from 2020 to 2022, by channel
among those experiencing fraud in the past 12 months*
Supplementary notes
* Does not include internal or employee fraud.
The number of risk and fraud executives in retail and e-commerce companies varies from year to year. In 2022 there were 102 participants in Canada.
Survey question:
Q15: Please indicate the percent of fraud costs generated through each of the following transaction channels used by your company.
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LexisNexis. (August 2, 2022). Distribution of fraud costs for e-commerce merchants in Canada from 2020 to 2022, by channel [Graph]. In Statista. Retrieved January 05, 2025, from https://www.statista.com/statistics/1299051/fraud-costs-online-merchants-canada-channel/
LexisNexis. "Distribution of fraud costs for e-commerce merchants in Canada from 2020 to 2022, by channel." Chart. August 2, 2022. Statista. Accessed January 05, 2025. https://www.statista.com/statistics/1299051/fraud-costs-online-merchants-canada-channel/
LexisNexis. (2022). Distribution of fraud costs for e-commerce merchants in Canada from 2020 to 2022, by channel. Statista. Statista Inc.. Accessed: January 05, 2025. https://www.statista.com/statistics/1299051/fraud-costs-online-merchants-canada-channel/
LexisNexis. "Distribution of Fraud Costs for E-commerce Merchants in Canada from 2020 to 2022, by Channel." Statista, Statista Inc., 2 Aug 2022, https://www.statista.com/statistics/1299051/fraud-costs-online-merchants-canada-channel/
LexisNexis, Distribution of fraud costs for e-commerce merchants in Canada from 2020 to 2022, by channel Statista, https://www.statista.com/statistics/1299051/fraud-costs-online-merchants-canada-channel/ (last visited January 05, 2025)
Distribution of fraud costs for e-commerce merchants in Canada from 2020 to 2022, by channel [Graph], LexisNexis, August 2, 2022. [Online]. Available: https://www.statista.com/statistics/1299051/fraud-costs-online-merchants-canada-channel/
