5 Steps to a Better Fraud Prevention System
By
Noam Inbar
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
3. Take off your blindfold. Many companies assume that if they have a low chargeback rate, they don't have a significant fraud problem. However, a little research will show that this isn't the key indicator in this equation. The best way to have a chargeback rate of zero is to accept zero transactions, but this obviously wouldn't be beneficial for any business. In many cases, a low chargeback rate is an indicator that the rules used to guard against fraud are overly stringent, resulting in genuine customers being rejected along with a smaller number of fraudsters.
0 Comments
View Comments
Related Content
Comments