- Make the Year of the Rooster a Prosperous One January 26, 2017
- New Stats on CNP Fraud in Jewelry & Watches: the Silver Lining February 2, 2017
- Introducing the CNP Fraud Lexicon January 31, 2017
All posts with the tag Gift Cards
The online gift card market is thriving. Ecommerce sales of gift cards are increasing by 29% YOY, and by 2018, the US gift card market is expected to be worth $160 billion, driven primarily by surging digital gift card sales.
Riskified’s work with Fortune 500 retailers who sell gift cards, as well as leading gift card-only merchants and P2P secondary gift card marketplaces, has afforded us enormous insight into the CNP fraud challenges facing gift card sellers. We have drawn on this experience to compile a report sharing data about fraud patterns in online gift card sales, and outlining best practices for anyone selling gift cards online. In this post, I share a few of the key findings that appear in the full report:Read More