Question: I need a solution that can reduce chargebacks and provide a secure payment processing system for my hotel.

For a payment processing system that is secure and minimizes chargebacks, Forter has a complete solution. Its Identity Intelligence platform includes Fraud Management, Payment Optimization and Chargeback Recovery features that have been shown to decrease chargebacks by an average of 72%. It also provides real-time trust assessments and can be integrated with a variety of payment methods, making it a strong option for hotels that want to cut fraud and improve customer satisfaction.

Another strong contender is Canary, which is geared specifically for the hospitality industry. Canary offers a digital guest journey platform that automates and simplifies hotel operations, including chargeback protection. The platform integrates with hotel systems to provide personalized experiences and targeted upsell opportunities, resulting in increased revenue and reduced operational inefficiencies.

Riskified also offers a fraud and risk intelligence platform that uses AI to cut fraud and policy abuse. It includes features like Chargeback Guarantee and Policy Protect that help ecommerce companies dramatically cut fraud costs. The platform is a good fit for hotels that want to maximize revenue and ensure payments are safe and frictionless.

Last, Kount offers a digital trust and safety solution that uses real-time AI and machine learning to prevent fraud and manage chargebacks. It builds detailed customer profiles and offers real-time authentication, making it a good choice for hotels that want to protect their payment processes and prevent fraud.