Protect : Cutting-Edge fraud detection tools
- Real-time checks to screen transactions
- Custom setup for each merchant
- Blacklists to protect merchants from repeat fraudsters
Advanced Real-Time risk checking
- Real-time risk checking and reporting to merchant
- 120+ advanced algorithms to detect and prevent fraud
- Integrations with 3rd party risk service providers such as Retail Decisions
Flexible Implementation
- Custom risk rules and algorithms tailored to the merchant profile
- Selectively apply rules to transactions to optimize costs
- Unified view on fraud prevention across all channels including mobile apps
Minimize chargebacks
- Block suspect transactions from being presented to acquirers
- Platform-wide card blacklists to block known stolen cards
- Monitor chargeback rates in Rapid Payments’ merchant dashboard
Optimize conversion
- Increase accuracy in identification of fraudulent transactions to minimize the impact on conversion
- Flag transactions for manual review instead of rejecting to reduce false positives
- Optimize the use of additional authentication tools such as 3DSecure
