Payment fraud poses a significant global threat to businesses engaged in online transactions, manifesting in various forms such as card cracking, credit card fraud, friendly fraud, and mobile payment fraud. A webinar titled "The State of Payment Fraud & How To Prevent It," hosted by customer success expert Gabe, delves into the global impact and financial costs of payment fraud on businesses, while also explaining the mechanisms through which it occurs. The session highlights key warning signs of potential fraud and introduces Fingerprint Pro as a solution for detecting and preventing fraudulent activities through precise device identification, thus minimizing chargebacks, safeguarding profits, and maintaining online reputations. Attendees are encouraged to watch the recording to learn more about these strategies and their implementation.