Online fraud is a big expense for almost every eCommerce merchant. With NoFraud, you can rest easy that your business is safe from fraudulent transactions & wash your hands of all fraud prevention tasks that occupy hours of your staff’s time e.g. manual review, rule building.

NoFraud offers fully automated e-commerce fraud prevention through real-time virtual identity verification. We deliver individual, real-time decisions for each transaction using thousands of data points and virtually every fraud detection technology available. NoFraud has successfully reduced fraud for its customers to below 0.1% of transactions, and virtually eliminates false-positives with live cardholder verification.



NoFraud Impact


  1. Fraud below 0.1% - Our average current customers' rate of fraud is below 0.01%, due to our intelligent technology and dedicated staff who keep up to date with the complex, ever-evolving face of fraud
  2. False-positives below 0.2% - NoFraud is as focused on approving transaction as it is on identifying fraudulent transactions. Our experts are constantly monitoring transactions to ensure no order is overlooked.
  3. Zero Manual review - No rules, risk thresholds to manage or manually reviewing orders before processing.
  4. No commitments - $0 setup fee, low per-transaction billing and there are no contract terms holding you hostage if you are not 100% satisfied with the NoFraud service.
  5. Optional Chargeback Protection - Turn your Chargeback Protection on and off as you see fit - allowing for the optimal savings.


How Nofraud Works

NoFraud intercepts fraudulent transactions in real-time before they are ever sent to your gateway for processing.
Gateway
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NoFraud
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NoFraud gives you decisions you can rely on, not a score or a rule engine that requires expertise to manage.
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Fail
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For transactions where a Pass or Fail decision is not available, NoFraud contacts the cardholder for verification.
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During this process, the transaction in your Shopsite admin will show as “Suspected Fraud” until it is verified. NoFraud uses contact information linked to the cardholder when conducting a Cardholder Verification. Once completed, the customer's response is passed back to the merchant for processing or cancellation.

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