The on-demand economy is growing at an incredibly fast rate; sometimes there seem to be more food delivery bikes on city streets than cars! And as more on-demand businesses spring up, so do the opportunities for fraudsters to operate. We have analysed 26 million transactions from our merchant network in order to illustrate the fraud landscape in the on-demand economy.
As we continue to gain data from our ever-expanding merchant network, we increase our insight into the world of online credit card fraud and the behaviours surrounding it. This is invaluable not only to our current customers, but also to all merchants operating in the online space. We have pulled together all of our findings into the infographic below. Take a look and if you have any question or concerns about something you see, please get in touch! Infographic provided by https://www.ravelin.com