Beware Fraudsters! Quatrro's Fraud Prevention Team is Working 24/7 This Holiday Season
shared by quatrroprocessing on Nov 22
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The Prelude celebration is the marking of the holiday season, with the holiday spirit gradually engulfing the region for more shopping and travel which means more transactions. With the quickly approa...
ching holidays and festivities, fraudsters are laying well-thought out plans for conducting holiday fraud throughout this season. With substantial surge in Card Not Present (CNP), every day now is a cyber day and fraudsters are executing fraud attempts with each transaction.
Displaying a meticulous business insight, according to fortune.com, Walmart has planned to begin post-Black Friday online deals a day earlier this year, to handle the lull during the upcoming shopping weekend. Walmart expects a huge shopper turnout with 23 million items and about 3,000 marketplace sellers. It is the time now for you to revisit your preparations to handle the looming fraud threats to let your shoppers shop fraud-free.
The infographic before you is a crisp depiction of threats for shoppers starting from Thanksgiving Day to New Year’s Eve. See how Quatrro’s cross channel fraud prevention strategies help prevent the fraud.
Financial institutions and merchants need to stay equipped with solutions that detect and alert on fraudulent transactions in real time, enforcing real-time fraud prevention measures. Quatrro’s agile and flexible fraud detection services will help defeat fraud strategies before fraudsters identify vulnerabilities of online purchases during this holiday season. Let fraud prevention analysts at Quatrro augment your staff for real time transaction monitoring this holiday season.
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