Mastercard Expands Effort to Curb "Friendly Fraud" Globally
Wednesday, July 9, 2025
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Posted by: Sierra Lindemann
Mastercard is expanding its First-Party Trust program beyond the U.S. to regions including Canada, Latin America and Asia Pacific in response to rising first-party—or “friendly”—fraud. With chargebacks projected to cost merchants $42 billion by 2028, the program aims to reduce disputes by improving data-sharing between merchants and issuers.