Search
The New York Sun
National

Merchants Are Bleeding Cash From Rising ‘Friendly Fraud’ by Customers

Cardholders are disputing legitimate purchases and leaving the merchant with the bill.

Payment fraud is costing merchants as cardholders dispute legitimate purchases, often to obtain a refund while keeping the goods or services.
Payment fraud is costing merchants as cardholders dispute legitimate purchases, often to obtain a refund while keeping the goods or services. Kindel Media via Pexels.