Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 8.81 Billion

Market Size (2029)

USD 21.03 Billion

CAGR (2024-2029)

15.43%

Fastest Growing Segment

Mobile payment

Largest Market

North America

Market Overview

The Global Online Payment Fraud Detection Market was valued at USD 8.81 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 15.43% through 2029. The Global Online Payment Fraud Detection Market is witnessing robust growth driven by the escalating threat landscape and the increasing volume of online transactions. With the proliferation of e-commerce, mobile payments, and digital transactions, the need for effective fraud detection mechanisms has become paramount. Innovations in fraud analytics, biometric authentication, and real-time monitoring are reshaping the market. North America leads, leveraging technological expertise and a robust financial ecosystem. The market responds dynamically to the sophistication of cyber threats, pushing for continual advancements. Stricter regulatory requirements worldwide also fuel the adoption of fraud prevention solutions. Key segments such as Fraud Analytics, Card Payment, and Mobile Payment dominate, each addressing unique challenges in securing online transactions. As digital transformation accelerates globally, the Online Payment Fraud Detection Market is poised for sustained growth, driven by the imperative to fortify security measures, ensure regulatory compliance, and maintain trust in the rapidly evolving landscape of digital payments.

Key Market Drivers

Rising E-Commerce Transactions:

A primary driver in the global Online Payment Fraud Detection market is the exponential growth of e-commerce transactions. As consumers increasingly turn to online platforms for shopping, banking, and various services, the volume and value of digital transactions have surged. The sheer scale and complexity of e-commerce operations create an attractive landscape for fraudsters, prompting businesses to invest in robust fraud detection systems. The demand for advanced solutions that can swiftly identify and prevent fraudulent activities during online payments is intensifying, making the need for effective fraud detection more critical than ever.

The driver is further accentuated by the global shift in consumer behavior, with the convenience of online shopping becoming a norm. As e-commerce continues to thrive, the Online Payment Fraud Detection market is poised for sustained growth, driven by the imperative to secure digital transactions and instill confidence in users.

Increasing Sophistication of Cyber Threats:

The relentless evolution and increasing sophistication of cyber threats represent a significant driver for the Online Payment Fraud Detection market. Cybercriminals employ advanced tactics, including phishing, account takeover attacks, and malware, to exploit vulnerabilities in online payment systems. To counter these threats, businesses are compelled to adopt cutting-edge fraud detection solutions that leverage artificial intelligence, machine learning, and behavioral analytics.

The dynamic nature of cyber threats necessitates continuous innovation in fraud detection technologies. As threat vectors become more complex and elusive, the demand for advanced, adaptive solutions that can detect anomalies and patterns indicative of fraudulent activities is on the rise. This driver underscores the industry's need to stay ahead of cybercriminals, making ongoing research and development imperative for market players.

Global Digital Transformation Initiatives:

The ongoing global digital transformation across industries is a powerful driver for the Online Payment Fraud Detection market. As businesses digitize their operations and transition to digital channels, the attack surface for fraudsters expands. The increasing prevalence of mobile banking, digital wallets, and contactless payments opens new avenues for transactions, but it also presents new challenges in terms of security.

To secure the digital economy, organizations are investing in advanced fraud detection solutions that can seamlessly integrate with digital platforms. This driver is fueled by the imperative to align security measures with the pace of digital transformation, ensuring that online payment systems remain resilient against emerging threats.

Stringent Regulatory Requirements:

Stringent regulatory requirements governing online payments and data protection are driving the adoption of robust fraud detection solutions. Governments and regulatory bodies worldwide are imposing strict standards to protect consumer data and ensure the security of online transactions. Regulations such as the Payment Services Directive 2 (PSD2) in Europe and the Payment Card Industry Data Security Standard (PCI DSS) globally compel businesses to implement strong authentication and fraud prevention measures.

The need to comply with these regulations not only ensures legal adherence but also underscores the responsibility of businesses to safeguard user information. This regulatory landscape acts as a catalyst for the Online Payment Fraud Detection market, prompting organizations to invest in solutions that not only meet compliance requirements but also elevate the overall security posture of online payment systems.

Growing Adoption of Biometric Authentication:

The growing adoption of biometric authentication methods is a significant driver shaping the Online Payment Fraud Detection market. Biometrics, including fingerprint recognition, facial recognition, and voice authentication, offer a secure and user-friendly means of verifying user identities during online transactions. As consumers prioritize secure and convenient payment methods, businesses are integrating biometric authentication into their fraud detection systems to enhance accuracy and reduce reliance on traditional authentication measures.

Biometric authentication adds an extra layer of security by uniquely identifying individuals based on their physiological or behavioral characteristics. This driver is propelled by the industry's recognition that biometrics not only fortify the security of online payments but also contribute to a seamless user experience, aligning with the demand for frictionless yet secure transaction processes.


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Key Market Challenges

Sophistication of Cybercriminal Tactics:

A prominent challenge in the global Online Payment Fraud Detection market is the increasing sophistication of cybercriminal tactics. Fraudsters continually evolve their methods, leveraging advanced technologies, and adopting intricate strategies to bypass traditional fraud detection measures. From the use of AI-generated synthetic identities to sophisticated phishing attacks, detecting and preventing fraud in the online payment space requires constant innovation in fraud detection systems. The challenge lies in staying ahead of cybercriminals who are adept at exploiting vulnerabilities, necessitating continuous research and development to fortify defenses against emerging threats.

Balancing Accuracy and User Experience:

Striking the right balance between accuracy in fraud detection and a seamless user experience poses a significant challenge in the global market. While robust fraud prevention measures are essential, overly stringent security protocols can lead to false positives, inconveniencing legitimate users. Excessive friction in the authentication process can result in abandoned transactions and user dissatisfaction. Therefore, the challenge lies in implementing sophisticated fraud detection mechanisms that accurately identify fraudulent activities without causing unnecessary disruptions for genuine users, ensuring a smooth and efficient online payment experience.

Global Regulatory Compliance:

The Online Payment Fraud Detection market faces the challenge of navigating complex and evolving global regulatory landscapes. Compliance with diverse international regulations, such as GDPR in Europe and data protection laws in various jurisdictions, adds layers of complexity to the deployment of fraud detection systems. Stricter regulations demand careful handling of sensitive user data while ensuring the efficacy of fraud prevention measures. Adapting to the nuances of regional compliance requirements without compromising the efficiency of fraud detection systems is a challenge that requires ongoing diligence and coordination with regulatory bodies worldwide.

Rapidly Evolving Payment Ecosystems:

The rapid evolution of online payment ecosystems, including the introduction of new payment methods, mobile wallets, and digital currencies, poses a significant challenge for fraud detection mechanisms. As payment technologies diversify, fraudsters exploit vulnerabilities in emerging channels. Traditional fraud prevention systems may struggle to adapt to these dynamic ecosystems, necessitating continuous updates and integration with evolving payment methods. Ensuring that fraud detection solutions remain versatile and compatible with the latest payment technologies is a persistent challenge in an environment characterized by rapid innovation.

User Education and Awareness:

A critical challenge in the Online Payment Fraud Detection market is the need for user education and awareness. Many instances of online fraud result from user negligence, such as weak password practices, falling victim to phishing attempts, or unknowingly sharing sensitive information. Despite robust fraud detection systems, user behaviors remain a significant factor in the prevention of online payment fraud. Addressing this challenge requires concerted efforts from industry stakeholders to educate users about best practices in online security, recognizing potential threats, and employing secure behaviors during online transactions. Overcoming this challenge involves fostering a culture of cybersecurity.

Key Market Trends

Rise of Advanced Machine Learning and AI Algorithms:

The global Online Payment Fraud Detection market is witnessing a significant trend towards the integration of advanced machine learning (ML) and artificial intelligence (AI) algorithms. As online payment systems become more sophisticated, fraudsters also evolve their tactics. ML and AI technologies empower fraud detection systems to analyze vast datasets in real-time, identifying patterns, anomalies, and subtle indicators of fraudulent activity. These adaptive algorithms continuously learn from new data, improving accuracy and agility in detecting emerging fraud patterns. The industry is embracing these technologies to stay ahead of evolving fraud techniques, providing a proactive defense against online payment fraud.

Increased Emphasis on Behavioral Analytics:

Another prominent trend in the Online Payment Fraud Detection market is the increased emphasis on behavioral analytics. Traditional methods rely on static data points, such as credit card details, IP addresses, and transaction amounts. However, behavioral analytics leverages dynamic data, analyzing user behavior patterns and digital interactions. By establishing a baseline of normal behavior for each user, the system can swiftly detect deviations that may indicate fraudulent activity. This trend aligns with the industry's recognition that understanding user behavior is crucial for identifying anomalies and potential fraud, enhancing the overall accuracy and effectiveness of fraud detection mechanisms.

Integration of Biometric Authentication:

The integration of biometric authentication methods is reshaping the landscape of online payment fraud detection. Biometrics, such as fingerprint recognition, facial recognition, and voice authentication, add an extra layer of security by uniquely identifying individuals based on their physiological or behavioral characteristics. This trend addresses concerns related to stolen credentials and password-based vulnerabilities. Biometric authentication not only enhances the security of online transactions but also provides a seamless and user-friendly experience, reducing friction in the payment process. As consumers prioritize secure and convenient payment methods, the adoption of biometric authentication is gaining traction across the Online Payment Fraud Detection market.

Collaborative Industry Efforts and Threat Intelligence Sharing:

Collaborative industry efforts and threat intelligence sharing have emerged as a crucial trend in combating online payment fraud. Recognizing the interconnected nature of cyber threats, industry stakeholders are increasingly pooling resources, sharing threat intelligence, and collaborating on best practices. This collective approach enhances the ability to detect and prevent fraud by leveraging a broader and more diverse dataset. Initiatives like information sharing platforms, industry forums, and partnerships between financial institutions and cybersecurity firms contribute to a more robust defense against fraudsters who often target multiple organizations simultaneously.

Focus on Real-Time Fraud Prevention:

Real-time fraud prevention is a key trend in the Online Payment Fraud Detection market, driven by the need for instant responses to evolving threats. Traditional batch processing methods are being replaced by real-time analytics and monitoring solutions that can assess transactions and user activities in milliseconds. The shift towards real-time detection is essential for preventing fraudulent transactions before they are completed, minimizing financial losses, and preserving the integrity of online payment systems. This trend aligns with the industry's goal of not only identifying fraud but also preventing unauthorized transactions in the rapidly changing and highly dynamic online environment.

Segmental Insights

Solution Insights

Fraud Analytics segment dominates in the global online payment fraud detection market in 2023. The dominance of Fraud Analytics is underscored by its ability to continuously evolve and adapt to emerging fraud techniques. By leveraging advanced analytics, machine learning, and artificial intelligence, Fraud Analytics solutions excel in identifying both known and unknown patterns of fraudulent behavior. This adaptability is crucial in the face of ever-evolving cyber threats, positioning Fraud Analytics as a dynamic and resilient solution to counter the sophistication of modern fraudsters.

Fraud Analytics segment offers a holistic view of user behavior, transactional patterns, and contextual information. This comprehensive approach allows organizations to assess the risk associated with each transaction or user interaction, enabling more accurate and timely detection of fraudulent activities. The ability to analyze a diverse range of factors, from device fingerprints and IP addresses to transaction history and user behavior, enhances the precision and efficacy of fraud detection.

Fraud Analytics solutions play a pivotal role in minimizing false positives, a common challenge in online payment fraud detection. By applying advanced analytics and machine learning models, these solutions can distinguish between legitimate and fraudulent transactions with a high degree of accuracy, reducing the likelihood of inconveniencing genuine users.

Fraud Analytics segment addresses the need for real-time detection and response, aligning with the fast-paced nature of online transactions. The ability to analyze data in real-time ensures that potential fraud is identified swiftly, allowing organizations to take immediate action to prevent unauthorized transactions and mitigate financial losses.

The dominance of Fraud Analytics is also evident in its contribution to business intelligence and risk management. Beyond fraud detection, these solutions provide valuable insights into emerging fraud trends, enabling organizations to proactively adjust their security measures and stay ahead of evolving threats. The integration of Fraud Analytics into risk management strategies reinforces its status as a cornerstone solution for safeguarding online payment ecosystems.


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Regional Insights

North America dominates the global online payment fraud detection market in 2023 North America, particularly the United States, serves as a global hub for technological innovation. The region is home to a multitude of tech giants, innovative startups, and leading cybersecurity firms that specialize in developing advanced solutions for online payment fraud detection. The concentration of talent, research institutions, and industry expertise fosters an environment conducive to continuous innovation, enabling North American companies to stay at the forefront of developing cutting-edge fraud detection technologies.

The financial industry's dominance in North America plays a pivotal role in the region's leadership in the Online Payment Fraud Detection market. The presence of major financial institutions, banks, and payment service providers in the region creates a high demand for robust fraud detection solutions. These entities prioritize security to protect both their assets and the interests of their customers, driving investments in advanced fraud prevention technologies. The substantial financial infrastructure in North America fuels the development and adoption of state-of-the-art fraud detection systems.

North America experiences a high incidence of cyber threats and online fraud, necessitating a proactive approach to cybersecurity. As the region is a prime target for cybercriminals seeking to exploit online payment systems, businesses and financial institutions prioritize the implementation of sophisticated fraud detection measures. This heightened awareness of the persistent threat landscape motivates organizations in North America to invest significantly in advanced technologies that can swiftly detect and mitigate evolving forms of online payment fraud.

North America has established a stringent regulatory environment to govern online payments and data security. Regulations such as the Payment Card Industry Data Security Standard (PCI DSS) set strict standards for businesses handling payment data, compelling them to implement robust fraud prevention measures. The regulatory landscape acts as a driving force for organizations to adopt advanced fraud detection solutions to not only meet compliance requirements but also enhance overall cybersecurity posture.

Recent Developments

  • In December 2023, Event assurance platform Vesta has entered into a partnership with financial infrastructure platform Stripe. The purpose of the partnership is to provide a comprehensive fraud prevention and risk prevention solution. This collaboration combines Vesta's expertise in eliminating chargebacks and digital fraud with Stripe's advanced payment processing and risk analysis tools.
  • In February 2023, Mastercard and Vesta, a complete anti-fraud platform, have announced a strategic collaboration focused on providing advanced fraud management solutions tailored to merchants in the Asia-Pacific region. This partnership marks the integration of Mastercard's cyber and intelligence (CandI) offerings into Vesta's transaction assurance platform. With this integration, merchants can eradicate online fraud, increase transaction acceptance and expand their business.

Key Market Players

  • Kount, Inc.
  • Pindrop Security
  • Whitepages Inc.
  • Visa Inc. 
  • ClearSale LLC
  • Imperva, Inc.
  • Accertify Inc.
  • PayPal Holdings, Inc.
  • Sift Science, Inc.
  • F5, Inc.

By Solution

 

By Mode

 

By Region

  • Fraud Analytics
  • Authentication
  • Reporting & Visualization
  • E-payment
  • Mobile payment
  • Card payment
  • North America
  • Europe
  • South America
  • Middle East & Africa
  • Asia Pacific

 

Report Scope:

In this report, the Global Online Payment Fraud Detection Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Online Payment Fraud Detection Market, By Solution:

o   Fraud Analytics

o   Authentication

o   Reporting & Visualization

  • Online Payment Fraud Detection Market, By Mode:

o   E-payment

o   Mobile payment

o   Card payment

  • Online Payment Fraud Detection Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  France

§  United Kingdom

§  Italy

§  Spain

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

o   Middle East & Africa

§  Saudi Arabia

§  UAE

§  South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Online Payment Fraud Detection Market.

Available Customizations:

Global Online Payment Fraud Detection Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Online Payment Fraud Detection Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Solution Overview

1.1.    Market Definition

1.2.    Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.    Baseline Methodology

2.2.    Key Industry Partners

2.3.    Major Association and Secondary Sources

2.4.    Forecasting Methodology

2.5.    Data Triangulation & Validation

2.6.    Assumptions and Limitations

3.    Executive Summary

4.    Voice of Customer

5.    Global Online Payment Fraud Detection Market Outlook

5.1.    Market Size & Forecast

5.1.1.    By Value

5.2.    Market Share & Forecast

5.2.1.  By Solution (Fraud Analytics, Authentication, Reporting & Visualization)

5.2.2.  By Mode (E-payment, Mobile payment, Card payment)

5.2.3.  By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

5.3.    By Company (2023)

5.4.    Market Map

6.    North America Online Payment Fraud Detection Market Outlook

6.1.    Market Size & Forecast

6.1.1.    By Value

6.2.    Market Share & Forecast

6.2.1.    By Solution

6.2.2.    By Mode

6.2.3.    By Country

6.2.3.1.        United States Online Payment Fraud Detection Market Outlook

6.2.3.1.1.        Market Size & Forecast

6.2.3.1.1.1.    By Value

6.2.3.1.2.        Market Share & Forecast

6.2.3.1.2.1.               By Solution

6.2.3.1.2.2.               By Mode

6.2.3.2.        Canada Online Payment Fraud Detection Market Outlook

6.2.3.2.1.        Market Size & Forecast

6.2.3.2.1.1.    By Value

6.2.3.2.2.        Market Share & Forecast

6.2.3.2.2.1.               By Solution

6.2.3.2.2.2.               By Mode

6.2.3.3.        Mexico Online Payment Fraud Detection Market Outlook

6.2.3.3.1.        Market Size & Forecast

6.2.3.3.1.1.    By Value

6.2.3.3.2.        Market Share & Forecast

6.2.3.3.2.1.               By Solution

6.2.3.3.2.2.               By Mode

7.    Europe Online Payment Fraud Detection Market Outlook

7.1.    Market Size & Forecast

7.1.1.  By Value

7.2.    Market Share & Forecast

7.2.1.    By Solution

7.2.2.    By Mode

7.2.3.    By Country

7.2.3.1.        Germany Online Payment Fraud Detection Market Outlook

7.2.3.1.1.        Market Size & Forecast

7.2.3.1.1.1.    By Value

7.2.3.1.2.        Market Share & Forecast

7.2.3.1.2.1.               By Solution

7.2.3.1.2.2.               By Mode

7.2.3.2.        France Online Payment Fraud Detection Market Outlook

7.2.3.2.1.        Market Size & Forecast

7.2.3.2.1.1.    By Value

7.2.3.2.2.        Market Share & Forecast

7.2.3.2.2.1.               By Solution

7.2.3.2.2.2.               By Mode

7.2.3.3.        United Kingdom Online Payment Fraud Detection Market Outlook

7.2.3.3.1.        Market Size & Forecast

7.2.3.3.1.1.    By Value

7.2.3.3.2.        Market Share & Forecast

7.2.3.3.2.1.               By Solution

7.2.3.3.2.2.               By Mode

7.2.3.4.        Italy Online Payment Fraud Detection Market Outlook

7.2.3.4.1.        Market Size & Forecast

7.2.3.4.1.1.    By Value

7.2.3.4.2.        Market Share & Forecast

7.2.3.4.2.1.               By Solution

7.2.3.4.2.2.               By Mode

7.2.3.5.        Spain Online Payment Fraud Detection Market Outlook

7.2.3.5.1.        Market Size & Forecast

7.2.3.5.1.1.    By Value

7.2.3.5.2.        Market Share & Forecast

7.2.3.5.2.1.               By Solution

7.2.3.5.2.2.               By Mode

8.    South America Online Payment Fraud Detection Market Outlook

8.1.    Market Size & Forecast

8.1.1.  By Value

8.2.    Market Share & Forecast

8.2.1.    By Solution

8.2.2.    By Mode

8.2.3.    By Country

8.2.3.1.        Brazil Online Payment Fraud Detection Market Outlook

8.2.3.1.1.      Market Size & Forecast

8.2.3.1.1.1.                By Value

8.2.3.1.2.      Market Share & Forecast

8.2.3.1.2.1.               By Solution

8.2.3.1.2.2.               By Mode

8.2.3.2.        Colombia Online Payment Fraud Detection Market Outlook

8.2.3.2.1.      Market Size & Forecast

8.2.3.2.1.1.                By Value

8.2.3.2.2.      Market Share & Forecast

8.2.3.2.2.1.               By Solution

8.2.3.2.2.2.               By Mode

8.2.3.3.        Argentina Online Payment Fraud Detection Market Outlook

8.2.3.3.1.      Market Size & Forecast

8.2.3.3.1.1.                By Value

8.2.3.3.2.      Market Share & Forecast

8.2.3.3.2.1.               By Solution

8.2.3.3.2.2.               By Mode

9.    By Mode Middle East & Africa Online Payment Fraud Detection Market Outlook

9.1.    Market Size & Forecast

9.1.1.  By Value

9.2.    Market Share & Forecast

9.2.1.    By Solution

9.2.2.    By Mode

9.2.3.    By Country

9.2.3.1.        Saudi Arabia Online Payment Fraud Detection Market Outlook

9.2.3.1.1.      Market Size & Forecast

9.2.3.1.1.1.                By Value

9.2.3.1.2.      Market Share & Forecast

9.2.3.1.2.1.               By Solution

9.2.3.1.2.2.               By Mode

9.2.3.2.        UAE Online Payment Fraud Detection Market Outlook

9.2.3.2.1.      Market Size & Forecast

9.2.3.2.1.1.                By Value

9.2.3.2.2.      Market Share & Forecast

9.2.3.2.2.1.               By Solution

9.2.3.2.2.2.               By Mode

9.2.3.3.        South Africa Online Payment Fraud Detection Market Outlook

9.2.3.3.1.      Market Size & Forecast

9.2.3.3.1.1.                By Value

9.2.3.3.2.      Market Share & Forecast

9.2.3.3.2.1.               By Solution

9.2.3.3.2.2.               By Mode

10. Asia Pacific Online Payment Fraud Detection Market Outlook

10.1. Market Size & Forecast

10.1.1.    By Value

10.2. Market Share & Forecast

10.2.1. By Solution

10.2.2. By Mode

10.2.3. By Country

10.2.3.1.     China Online Payment Fraud Detection Market Outlook

10.2.3.1.1.   Market Size & Forecast

10.2.3.1.1.1.             By Value

10.2.3.1.2.   Market Share & Forecast

10.2.3.1.2.1.            By Solution

10.2.3.1.2.2.            By Mode

10.2.3.2.     India Online Payment Fraud Detection Market Outlook

10.2.3.2.1.   Market Size & Forecast

10.2.3.2.1.1.             By Value

10.2.3.2.2.   Market Share & Forecast

10.2.3.2.2.1.            By Solution

10.2.3.2.2.2.            By Mode

10.2.3.3.     Japan Online Payment Fraud Detection Market Outlook

10.2.3.3.1.   Market Size & Forecast

10.2.3.3.1.1.             By Value

10.2.3.3.2.   Market Share & Forecast

10.2.3.3.2.1.            By Solution

10.2.3.3.2.2.            By Mode

10.2.3.4.     South Korea Online Payment Fraud Detection Market Outlook

10.2.3.4.1.   Market Size & Forecast

10.2.3.4.1.1.  By Value

10.2.3.4.2.   Market Share & Forecast

10.2.3.4.2.1.            By Solution

10.2.3.4.2.2.            By Mode

10.2.3.5.     Australia Online Payment Fraud Detection Market Outlook

10.2.3.5.1.   Market Size & Forecast

10.2.3.5.1.1.             By Value

10.2.3.5.2.   Market Share & Forecast

10.2.3.5.2.1.            By Solution

10.2.3.5.2.2.            By Mode

11. Market Dynamics

11.1.   Drivers

11.2.   Challenges

12. Market Trends and Developments

13. Company Profiles

13.1.   Kount, Inc.

13.1.1.        Business Overview

13.1.2.        Key Revenue and Financials  

13.1.3.        Recent Developments

13.1.4.        Key Personnel

13.1.5.        Key Product/Services Offered

13.2.   Pindrop Security

13.2.1.        Business Overview

13.2.2.        Key Revenue and Financials  

13.2.3.        Recent Developments

13.2.4.        Key Personnel

13.2.5.        Key Product/Services Offered

13.3.   Whitepages Inc.

13.3.1.        Business Overview

13.3.2.        Key Revenue and Financials  

13.3.3.        Recent Developments

13.3.4.        Key Personnel

13.3.5.        Key Product/Services Offered

13.4.  Visa Inc. 

13.4.1.        Business Overview

13.4.2.        Key Revenue and Financials  

13.4.3.        Recent Developments

13.4.4.        Key Personnel

13.4.5.        Key Product/Services Offered

13.5.   ClearSale LLC

13.5.1.        Business Overview

13.5.2.        Key Revenue and Financials  

13.5.3.        Recent Developments

13.5.4.        Key Personnel

13.5.5.        Key Product/Services Offered

13.6.   Imperva Inc.

13.6.1.        Business Overview

13.6.2.        Key Revenue and Financials  

13.6.3.        Recent Developments

13.6.4.        Key Personnel

13.6.5.        Key Product/Services Offered

13.7.   Accertify Inc.

13.7.1.        Business Overview

13.7.2.        Key Revenue and Financials  

13.7.3.        Recent Developments

13.7.4.        Key Personnel

13.7.5.        Key Product/Services Offered

13.8.   PayPal Holdings, Inc.

13.8.1.        Business Overview

13.8.2.        Key Revenue and Financials  

13.8.3.        Recent Developments

13.8.4.        Key Personnel

13.8.5.        Key Product/Services Offered

13.9.   Sift Science, Inc.

13.9.1.        Business Overview

13.9.2.        Key Revenue and Financials  

13.9.3.        Recent Developments

13.9.4.        Key Personnel

13.9.5.        Key Product/Services Offered

13.10.F5, Inc.

13.10.1.     Business Overview

13.10.2.     Key Revenue and Financials  

13.10.3.     Recent Developments

13.10.4.     Key Personnel

13.10.5.     Key Product/Services Offered

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the global online payment fraud detection market was USD 8.81 Billion in 2023.

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Card payment was the dominant segment in the global online payment fraud detection market in 2023 by mode.

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The challenges in the global online payment fraud detection market sophistication of cybercriminal tactics, balancing accuracy and user experience, global regulatory compliance, rapidly evolving payment ecosystems, etc.

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The major drivers for the global Online Payment Fraud Detection market include Rising E-Commerce Transactions, Increasing Sophistication of Cyber Threats, Global Digital Transformation Initiatives, Stringent Regulatory Requirements, etc.

profile

Sakshi Bajaal

Business Consultant
Press Release

Online Payment Fraud Detection Market Expands with Card payment Segment at a robust CAGR of 15.43% through 2029

May, 2024

The increasing global online payment fraud detection market is driven by rising e-commerce transactions, increasing sophistication of cyber threats during the forecast period 2025-2029