Category: Risk & Fraud
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Meeting Consumer Demand for Better Credit Card Fraud Protection
Consumers are demanding better protection for their personal data, and can you blame them? With AI scraping every piece of data updated to the internet and credit card fraud always on the horizon, what can we do? Fret not, because there are ways to protect your customer data without breaking the bank. Identity fraud cases…
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Types of Payment Fraud Models (and How to Prevent Them)
As an online business owner, you face many challenges daily. One of the biggest threats to your success is payment fraud. When fraudsters target your business, they can steal products, drain your accounts, and damage your reputation. Let’s explore the most common types of payment fraud and how you can protect your business. GET FRAUD…
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Network Tokenization Lowers Fraud Risk, Boosts Acceptance Rate
Online businesses face two major challenges: ensuring high payment acceptance rates and minimizing fraud risks. One innovative solution that addresses both issues is network tokenization. But what exactly is network tokenization, and how can it benefit your business? BOOST YOUR APPROVAL RATING What is Network Tokenization? Network tokenization is a payment technology that replaces sensitive…
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Best Return Policy to Avoid Chargebacks Post-Holiday Sales
The holiday rush has ended, but a new challenge emerges: the dreaded “Returnuary.” As merchants, we face a staggering 40% increase in chargebacks during the post-holiday period compared to November and December. This surge is a critical threat to your bottom line that demands immediate attention. Here’s how to avoid chargebacks with best refund policy…
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Payment Authentication Methods to Reduce Chargebacks
Gone are the days when a simple password was enough to keep your customers’ payment data secure. I witness firsthand how outdated authentication methods lead to cart abandonment, chargebacks, and frustrated customers. Today’s digital commerce demands smarter, faster, and more secure ways to verify customer identity at checkout. Whether you’re selling clay pots or a…
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