Fraud Prevention: Securing Asian Spend in the Age of Smarter Digital Payments
1 MIN READ
JCB’s latest infographic highlights the rapid growth of digital payments in Asia and the simultaneous rise in payment fraud. The piece delves into how fraud impacts both consumers’ trust and merchants’ bottom lines through various methods, like impersonation scams and AI-driven fraud.
It also outlines essential future-proofing strategies, such as secure payment gateways, 3-D Secure, AI detection, and PCI DSS compliance, alongside new European anti-fraud regulations. Ultimately, it stresses the need for clear security indicators and familiar payment options to captivate and retain Asian consumers, positioning JCB as a vital ally in securing these transactions.
Infographic
Fraud Prevention: Securing Asian Spend in the Age of Smarter Digital Payments