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.
NoFraud gives you decisions you can rely on, not a score or a rule engine that requires expertise to manage.
For transactions where a Pass or Fail decision is not available, NoFraud contacts the cardholder for verification.

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.