Manufacturing — ecommerce

2020 eCommerce Industry Threats and Predictions According to a recent report, retail eCommerce sales around are projected to grow to 6.54 trillion in 2022. But this immense growth comes at a cost, with an additional cost burden of $3.00 for every $1.00 in payment fraud paid by merchants, and the rate of chargebacks increasing by up to 20% each year, the potential backlash for e-commerce retailers could increase to nearly 1 trillion over the next five years. “Improving the customer experience has fueled the widespread adoption of eCommerce,” said Monica Eaton-Cardone, COO of Chargebacks911. “And with multi-channel options offering the vision of...