Savings

The true cost of fraud isn't just fraud itself. You must also factor in: false positives (loss of legitimate customers), the cost of your fraud solution, as well as the overhead of costs of manual fraud review. How much is fraud costing your business?

With a fusion of leading-edge technology and human intelligence, you can expect a drop in the rate of fraud to less than 0.01%. Integrate with the most advanced fraud prevention platform in less than 10 minutes and never worry about fraud again.

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reduce other costs and losses associated with fraud

-$2.17 per transaction Amount lost to fraud divider into approved transactions		+$1.92 per transaction Amount saved by reducing chargebacks - per transaction using NoFraud
-$1.25 per transaction Cost of performing a manual review when factoring staff		+$0.27 per transaction Amount saved by not performing manual review - per transaction using NoFraud
-$4.07 per transaction Declined legit revenue due to fraud divided into transactions		+$.3.29 per transaction Revenue gained by reducing decline rate - per transaction using NoFraud

How many transactions do you process per month?

What is your average transaction value?

What percentage of your monthly revenue are chargebacks?

What is the monthly percentage of declined (non-fraud) revenue?

What percentage of monthly transactions do you review manually?

save 10% with NoFraud

$2.00

True Cost of Fraud per transaction (less your fraud prevention solution costs)

$4.00

True Cost of Fraud with NoFraud (less NoFraud service cost)

The cost estimates above are based off of the following: manual review is calculated based on an employee rate of $15 per hour and 5 minutes for review per transaction.

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Level 1 Service Provider

The PCI Security Standards Council is a global forum for the ongoing development, enhancement, storage, dissemination and implementation of security standards for account data protection.

EU-U.S. Privacy Shield Certified

Designed by the U.S. Department of Commerce and the European Commission and Swiss Administration to provide companies on both sides of the Atlantic with a mechanism to comply with data protection requirements.

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