Dear Subscriber,

In this special early edition of the PaymentEye newsletter ahead of Thanksgiving in the US, a look at how retailers can protect themselves against payment fraud this Black Friday.

Plus, a guest post from David Poole at myPINpad looks at why false declines are the real threat to retailers on Black Friday. And if you think you know mobile payments, take our quiz to see how you measure up – then tweet your score to @PaymentEye!

Enjoy!

UK shoppers are set to spend £3 billion on Black Friday, with sales soaring by almost 40% on 25 November. Great news for retailers — but also for fraudsters eager to cash in on high transaction volumes to exploit any security weakness.

New research has shown that poor payment security could be costing merchants big. Rather than this being from fraud, however, it’s happening through turning away legitimate customers.

How well do you know mobile payments? Take our quiz and find out!