We created a global breakdown of how CNP fraud has changed from Q1 2020 through Q1 2021. We analyzed the percentage of total transactions that our transaction guarantee platform identified as having a very high likelihood of being fraudulent, as well as the average value of each of the transactions.
OUR CUSTOMER DATA SHOWS
CNP Fraud in the U.S. vs Mexico
Vesta works with merchants all over the world, but we have a particularly strong concentration of customers in the U.S. and Mexico, so we took a closer look at how fraud varies in these markets.
The percentage of attempted fraudulent transactions in the U.S. is substantially lower than in Mexico, but the value of these transactions is higher in the U.S. with the exception of Q4 2020 ($149 in the U.S. vs $155 in Mexico).
There are two types of CNP fraud that merchants need to watch out for but one is very difficult to spot: