How to Spot Merchant Account Fraud

Merchant account fraud is costing businesses billions every year. Fraudsters use tactics like bust-out scams, transaction laundering, and micro-transaction testing to exploit payment systems. In 2023 alone, merchants lost $20 billion to chargeback fraud, and this number is expected to hit $28.1 billion by 2026. Here’s what you need to know to protect your business: […]