If you're looking for a service with a 100% financial guarantee against chargebacks, NoFraud is definitely worth considering. NoFraud is a fraud prevention and revenue protection service specifically designed for eCommerce companies. Its real-time decision-making technology combines AI models with human oversight to stop fraudulent orders and keep customers happy. The service integrates with popular eCommerce platforms like Shopify, BigCommerce, WooCommerce and Adobe Commerce, and offers managed services for chargeback disputes, so it's got a good fraud protection and revenue protection foundation.
Another contender is Riskified. The service uses AI to help eCommerce businesses reduce fraud and increase revenue. Riskified's fraud protection services include a Chargeback Guarantee that helps businesses recover from fraudulent transactions. With the ability to assess more than 480 data attributes and outperform competitors in catching fraud, Riskified has helped businesses lower fraud costs and increase transaction success rates.
Forter has a robust Identity Intelligence platform that makes real-time decisions for every customer interaction, reducing risk and improving customer satisfaction. Its Chargeback Recovery feature automates the dispute process, bolstering evidence with cyber-intelligence to counteract fraudulent activity. Forter's platform has been shown to reduce chargeback rates by 72% and false declines by 46%, so it's a good option for businesses looking to optimize their digital commerce operations.
If you prefer a more customized approach, check out Vesta. Vesta's fraud prevention service uses advanced risk scoring, machine learning and artificial intelligence to make accurate real-time decisions about transactions. The Payment Guarantee feature protects transactions from fraud, and it's a good option for eCommerce retailers and other businesses. Vesta's multi-layered fraud detection and prevention approach can dramatically improve approval rates while reducing fraudulent transactions.