B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Aging

42%

42% -- refund fraud experience percentage for UK SMBs (2024)

Name: Refund Fraud Experience Percentage Statistics
Creator: Lighthouse Intelligence
Published: 2026-08-06

2024 · Mollie

42% of UK SMBs dealt with refund fraud in 2024.

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Attribution: Mollie View source

Lighthouse Research Team

Last verified: 2026-08-06 · How we verify data →

Source verified Evidence graded

Value

42%

Unit

Percentage

Data Vintage

2024

Entity

UK SMBs

Geography

Evidence Quality

Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

60/100 confidence

Score breakdown

Extraction

Source Trust

Citation Chain

Independence

Methodology

Freshness

Sources (6)

Mollie Primary Tier B

https://retailtimes.co.uk/each-uk-smb-lost-11000-to-online-fraud-in-2024/ ↗

Confidence: 60/100 Vintage: 2024 Channel: Common Crawl

Source Article

Each UK SMB lost £11,000 to online fraud in 2024

With hackers, scammers, and unethical shoppers becoming increasingly sophisticated, smaller businesses are worryingly underprepared for attacks – with nine in ten senior c-suite execs concerned for their survival as a result. Commissioned by Mollie, one of Europe’s fastest-growing financial service …

Also cited by

statista.com https://www.statista.com/

2026-08-18

theguardian.com https://www.theguardian.com/

2026-08-18

thebanker.com https://www.thebanker.com/

2026-08-18

retailcustomerexperience.com https://www.retailcustomerexperience.com/

2026-08-18

journalofaccountancy.com https://www.journalofaccountancy.com/

2026-08-18

Original Research

Mollie · Original study ↗

Segmentation

IndustryRetail Company SizeSMB RegionUK

Cite this stat

Plain Text

UK SMBs: 42% refund fraud experience percentage. Source: Mollie (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/uk-smb-refund-fraud-2024

HTML Embed

<blockquote cite="https://lighthousedata.io/data/uk-smb-refund-fraud-2024" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>42%</strong> -- refund fraud experience percentage for UK SMBs<br><small>Source: Mollie (2024) · <a href="https://lighthousedata.io/data/uk-smb-refund-fraud-2024" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>

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