Stripe is one of the most popular payment processors globally, but it’s particularly popular in the US. This platform helps process payments for almost two million websites. However, Stripe is not exempt from online fraud, which is a problem that plagues most online stores and payment processors. In 2019 alone, online fraud cost stores almost five billion dollars across the world.
There are plenty of ways to minimize instances of Stripe fraud in your WordPress store (or for any type of business you run). In this article, we’ll discuss what those methods are.