Travel Fraud Protection: Key Types of Travel Scam, Protective Measures, and Software to Consider
Altexsoft
JUNE 25, 2022
The latest estimates by IATA show airlines alone lose a minimum of $1 billion annually because of payment fraud. This is due to airlines, online travel agencies (OTAs) , and hotels having less than 48 hours to check data and detect possible fraud. Key fraud victims: Travel sellers and airlines. Chargebacks fraud. Friendly fraud.
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