Fraud Pressure Rises in Lockstep with Sales for Shopify Merchants

Shopify merchants face significantly higher fraud pressure than other e-commerce platforms, driven by rapid sales growth and global reach. This data sheet highlights that Shopify's fraud pressure is increasing three times faster than non-Shopify platforms, accompanied by a rise in first-party abuse and unpredictable spikes in criminal fraud. 

Signifyd's fraud protection solutions effectively tackle these challenges, leading to a 3% increase in order approval rates and a 71% reduction in chargeback rates, providing comprehensive fraud protection. 

Access the datasheet to learn more about: 

• How sales growth and fraud pressure growth differ between Shopify merchants and non-Shopify merchants 

• Shopify chargeback trends 

• Various types of chargebacks on Shopify  

• And more!

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