Fraud Pressure Rises in Lockstep with Sales for Shopify Merchants
Shopify merchants face significantly higher fraud pressure than other e-commerce platforms, driven by rapid sales growth and global reach. This data sheet highlights that Shopify’s fraud pressure is increasing three times faster than non-Shopify platforms, accompanied by a rise in first-party abuse and unpredictable spikes in criminal fraud.
Signifyd’s fraud protection solutions effectively tackle these challenges, leading to a 3% increase in order approval rates and a 71% reduction in chargeback rates, providing comprehensive fraud protection.
Access the datasheet to learn more about:
- How sales growth and fraud pressure growth differ between Shopify merchants and non-Shopify merchants
- Shopify chargeback trends
- Various types of chargebacks on Shopify
- And more!
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