Spot Fraudsters Spoiling The Fervor Of Black Friday
Referred as a pre-Christmas day of commercial carnage, Black Friday is one of the most attractive times for shopping. A significant shift in consumer preferences from brick and mortar to digital shopping has resulted in increased online sales, which is expected to reach $3.52 B in 2017, this Black Friday. High transaction volumes lead to an upsurge in fraud threats creating a worry situation for merchants and financial institutions.
Quatrro’s multilayered approach to fraud detection and prevention solutions ensures frictionless shopping experience during Black Friday. Unrelenting technological advances with an additional layer of human eye review will help combat holiday fraud.
This info graphic illustrates the online shopping trend, consumer preferences, red flags and Quatrro’s smart defense to beat fraudsters.