July 7, 2022
Best Ways to Stop Retail Fraud: Guide for Business Owners
Gift Cards, alternative payments, fraud, retail, wireless, OPVs
Fraud attacks on gift card retail businesses are becoming more and more prominent every year, and the pandemic certainly had an impact. In Canada, retail fraud has increased a whole 15% since pre-pandemic and is now costing Canadian retailers hundreds of millions of dollars every year (see source). With this trend, it is crucial you are aware of fraud, so here are some popular forms of fraud and how to protect yourself from them.