Fraud Detection Overview Payment fraud costs e-commerce merchants 2–3% of revenue through chargebacks, lost goods, and dispute fees. Effective fraud detection layers platform-native risk scoring, 3D Secure authentication, velocity checks, and manual review queues for suspicious orders. The right approach depends on your platform — Shopify includes a built-in fraud analysis tool, while WooCommerce and BigCommerce require a dedicated fraud prevention service or payment processor's fraud tools. When to Use This Skill - When chargeback rates exceed 0.5% of transaction volume (Visa's threshold for…