Most likely you have faced the following dilemma – high risk of fraud and chargebacks or low authorization rates. A high number of transactions or high quality traffic?
For each business model ideal ratio is different. We can help to establish the right mix for your specific business and business type.
Tools we use:
We use a number of external and internal systems to check each transaction coming into our system before we send them to the acquiring BIN.
External systems we use are Ethoca, MaxMind and our own internal database that is more industry-focused that other solutions on the market.
One of merchants had product that was supposed to be high-risk for fraud. So he had really low authorization rate with another platform but s well as low chargeback level.
Once he moved to us we offered to find the edge where authorization rate was 9% higher while chargeback level increased only 0.3%.
It generated >10% revenue growth for him – even after chargeback deduction.