12 Types of ecommerce fraud you should know: Guide 2023

Many Ecommerce merchants in the UK and Ireland witnessed a particular increase in fraud in 2022. 58% of interviewed merchants reported increase in monetary fraud, 46% in account takeover fraud and 38% in friendly fraud. This data seems very concerning, but many other leading countries in Ecommerce have got it worse, such as the US, Canada, Mexico, Australia and France. Moreover, in 2022 62% of merchants have been witnessing the appearance of new fraud types, which makes it challenging to keep up. ¹