Experts predict that the October 2015 EMV deadline will result in an increase in fraudulent card-not-present transactions. Prepare your online store by enabling CardSecure’s Fraud Prevention tools.
3-D Secure shifts fraud liability from the merchant to the consumer and can lower interchange fees up to 50 basis points per transaction.
Fraud Scoring and 3-D Secure give you the power to customize settings and thresholds for approvals or declines. If purchases from a certain geo-location resulted in fraud, restrict it using the rules engine.
The loss of inventory and revenue due to chargebacks can have a significant impact on the bottom line. With businesses losing a reported 60% of contested chargeback claims, proactive fraud prevention is a must.