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Marked 1 month 12 hours ago onto Global Online Payment Fraud Market is estimated to be US$ 18.6 billion by 2029 with a CAGR of 15.0% during the forecast period

Global Online Payment Fraud Market | PMI

Source: https://www.prophecymarketinsights.com/PressRelease/Global-Online-Payment-Fr...

The Global Online Payment Fraud Market accounted for US$ 4.6 billion in 2019 and is estimated to be US$ 18.6 billion by 2029 and is anticipated to register a CAGR of 15.0%. Online payment scam is an illegal operation, which occurs via the internet. The cyber-criminals have created several methods to misuse and steal important information. Online spoofing and phishing are some of the common payment fraud types. These frauds are susceptible to the growing number of deceitful activities due to greater depth and breadth of data gathered from all e-banking, e-tailing, and e-commerce websites, around the world. These frauds are increasing on the back of the growing amount of e-commerce users and transactions, coupled with increasing online banking use.

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