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5 tips helping businesses to avoid fraud on Black Friday and Cyber Monday - Alphacomm

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Nowadays, almost every person and business in Europe are aware of the terms Black Friday and Cyber Monday. Consumers in the United Kingdom spent 9.42 billion pounds during the Black Friday weekend in 2021, and its' popularity is expected to grow year after year. This time period is usually viewed as an opportunity for both businesses and consumers. Is it though?Opportunity or threat?There is a saying that most good things come with the risk of something bad. Well, selling on Black Friday and Cyber Monday days is not an exception. The period is well-known for tremendously increased consumer traffic and sales figures. Therefore, it is generally looked at as an opportunity. However, the time period is also known for immensely increased fraudulent payments and fraud rates in general , which begs the question, is Black Friday an opportunity or a threat? "Consumers in the United Kingdom spent 9.42 billion pounds during the Black Friday weekend in 2021, and these sales figures are expected to...

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