GlobalCollect Paper Examines International E-Commerce and Fraud

Oct. 12, 2010

GlobalCollect, a provider of local e-payment solutions for international CNP channels, recently released a comprehensive white paper that examines how merchants can expand their online business in an environment where fraud is on the rise. Global e-Commerce: How Merchants Can Grow Online Sales without Losing Out to Fraudsters, produced in partnership with payments consultancy Edgar, Dunn & Company, describes the key trends in e-commerce and related fraud as well as the complexity of different types of fraud across some key countries and verticals. “Despite the continued and forecasted growth of this sales channel, online merchants face major challenges, one of which is preserving consumer trust,” The Dutch online payments processor said in the paper’s executive summary. “From the merchant’s perspective, there is a growing array of complexity in determining whether a transaction is safe or risky. Merchants must be able to detect and prevent online fraud while protecting valid transactions from genuine customers.” To download a copy of the white paper, visit GlobalCollect’s landing page .