Credit Card And E-Commerce Fraud Among Top Reports, FTC Notes; Womply And PayPal Give Businesses Advice

Operators need to continue being cautious with security, especially amid the COVID-19 pandemic.

PYMNTS.com reported today on the Federal Trade Commission's release of data noting that fraud reports have been the leading COVID-19 and stimulus complaints. Online shopping and credit card were the first and third, respectively, categories of reported fraud, according to an FTC infographic.

Womply, a customer relationship management and marketing company, recently blogged about best practices, benefits and challenges for retailers accepting various types of payments during the COVID-19 pandemic. The article includes advice regarding sanitization and fraud risk.

PayPal notes five common types of fraud that affect ecommerce and how to defend your business.