We identify five subtypes of fraud a large merchant could face. Measurements of fraud for online payments will factor in those five subtypes, even though not all five subtypes will always be available for each considered population.
Frauds are either detected during acquisition or after
|1||Stopped by acquirer||Card is blacklisted.|
|2||-||Other failure reasons that suggest a fraud.|
|3||After payment acquisition||3D Secure-enabled but reported as fraud.|
|4||-||A chargeback for fraud reason has escalated.|
|5||-||Risk analysts have labeled it as a fraud.|