Trevor Forbes, an electronic payments expert at The Strawhecker Group consultancy, shares the results of a new survey that spotlights the latest trends. Forbes discusses the implications for fighting fraud in the wake of the COVID-19 crisis. He also discusses the growing use of contactless payments and the rapid rise in telephone payment transactions and inherent fraud risks. The survey was conducted with the Electronic Transaction Association, conducted with small businesses, and Forbes discusses:Fraud and payment card chargebacks by industry during March 2020.”]
Source: https://www.bankinfosecurity.com/how-pandemic-has-led-to-shift-in-payment-methods-a-14178