Re:Credit card fraud warning signs
by bpicolo on Friday April 27, 2018 @02:26PM
(#16943043)
Those graphs are entirely survey-based subjective, there's no metrics at all, and it's also an advertisement for Braintree's fraud service
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Look at the original report that the graphs are based on. I think that's where the useful data is.
Braintree's fraud prevention is poor and based on generic metrics. One of my businesses had 32% chargebacks with their service.
30% is an order of magnitude higher than the typical industry fraud-attempt rate. If 30% of orders were charged back you probably had other issues? That's pretty nuts
Curious what kind of products do you sell?