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EMV Could Increase Your E-Commerce Fraud Risk

White Paper Published By: Affirm
Published:  Jan 05, 2016
Type:  White Paper

You thought EMV was supposed to help eliminate fraud, right? While it will reduce card-present fraud, there is a high likelihood that card-not-present (i.e. e-commerce) fraud will increase now that EMV has been implemented in the U.S.. In fact, experts have predicted an increase in online fraud similar to what was seen after the European rollout of EMV. As a merchant, are you prepared for such an increase? This article describes the EMV implementation and gives actionable tips for how online retailers should prepare in order to avoid a potential onslaught of fraud.

Tags : 
affirm, ecommerce, fraud, risk, emv, online retail