E-commerce Fraud Alert
As a merchant, nothing is more frustrating than shipping out a product and ultimately not getting paid for it. For every merchant who has been pulling out their hair because someone got a free ride through a fraudulent order, then this list may help.
The following list was compiled by CyberSource in partnership with MindWave Research lists the riskiest American cities and countries to do business with:
4 Riskiest American Cities for Online Fraud:
1. Miami
2. New York City
3. Los Angeles
4. Chicago
Riskiest Countries for Online Fraud:
1. Nigeria
2. United Kingdom
3. Ghana
4. Indonesia
5. China tied with Singapore
One of the articles pushing this information mentioned Russia has fallen off the list for the first time in 2 years, most likely because merchants are no longer taking orders from this country.
The next question that comes to mind is, “Then who is still shipping to Nigeria ?!?”
Good luck. From what I understand, the late dictator of Nigeria, General Sanni Abacha, is still trying get his $80 Million out of the country. Perhaps his family should try buying a few things online?
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