Merchants know chargebacks are bad, but many aren’t aware of simple facts that can help them better understand and guard against fraud accordingly. Do you know which month is the worst for fraud chargebacks, which transaction amounts are the most likely to be disputed or which U.S. states are the biggest offenders? If not, our newest edition of Friday Factoids—with special contributor Feedzai, a Big Data fraud science firm—will help you prepare for a smoother 2014.
In today’s Fridays Factoids, you’ll learn:
• The most common fraudulent chargeback amount.
• The day of the week when chargebacks are most likely to occur.
• The time of year chargebacks are most likely to occur.
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Explore our latest edition of Friday Factoids below!
