84.9% of online transaction fraud originates in the United States

VeriSign-tracked e-commerce transactions increased 31% in Q1 2005. Verisign Payment Services represents 37% of e-commerce in North America, reached a record 71.

VeriSign-tracked e-commerce transactions increased 31% in Q1 2005. Verisign Payment Services represents 37% of e-commerce in North America, reached a record 71.29 mln transactions in Q1 2005 with a total value of $10.69 bln. The amount each person spent rose on average of 4% from $144 in Q4 2004. In Q1 2005, 84.9% of attempted fraudulent transactions originated from computers in the United States. Canada was second with 5.2%, followed by Britain, 1.1%; Australia and Germany, 0.9%; and Japan, 0.7%.