💳 Fraud Rate¶

Alias: FR Domain: Payment · Category: Quality · Unit: % · Direction: ↓ Lower is better

Percentage of transactions flagged or confirmed as fraudulent. Measured as a proportion of GMV and of transaction count. Must be balanced against false-positive rate to avoid blocking legitimate customers.

Formula¶

(Fraud transaction value ÷ GMV) × 100

Related Model¶