Juniper Research: eCommerce Losses To Online Payment Fraud To Exceed $48 Billion Globally In 2023, As Fraud Incursions Evolve

BASINGSTOKE, England, Oct 12 (Bernama-BUSINESS WIRE) — A new Juniper Research study found that the total cost of eCommerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. It predicted that this growth will be accelerated by increasing use of alternative payment methods, such as digital wallets and BNPL (Buy-Now-Pay-Later), which are creating new fraud risks.

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