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Percentage of online transactions that are fraudulent when the physical address doesn't match the IP address
Study: I Know Where You Shopped Last Night Date: September 2004 Pinpointing a would-be customer's location may not seem all that important, but IP locations that differ wildly from shipping and billing information are key indicators of credit card fraud. In cases where a customer provides a U.S. shipping or billing address but is actually placing the order from overseas, a staggering 68% of transactions turn out to be fraudulent, according to Experian's credit research arm. <-- Back to Authentication Statistic Index |