The GlobalCollect blog is designed for online merchants. We provide information and help you gain insight related to eCommerce in order to help grow your online business worldwide.

The Challenge of Managing Fraud in Developing Countries

Developing countries offer eCommerce merchants a great opportunity to grow their businesses. Aided by the growth in mobile internet penetration, eCommerce in regions like South America and Eastern Europe is growing by 20% annually, and is expected to continue growing at such rates through 2020*. According to a World Trade Organization 2013 report, “next-generation technologies and devices will increase usage of advanced mobile services, which in turn will open up many new, eCommerce business opportunities in developing countries.” 

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