3 ms·
Fraudulent transactions are ~10% of all transactions? That seems much higher than I would expect.
by watronfire 3y ago
Fraudulent transactions are ~10% of all transactions? That seems much higher than I would expect.
- lowercased 3y agoMight be higher today, but I'd generally suspect it to be somewhere between 5% and 10% of attempted transactions.
- xyst 3y agoI wonder how many are false positives though. Sometimes people fat finger the CVV/CVV2 code and bank will decline it. Does that count as a “blocked fraudulent charge”?