Preventing on e-commerce website is a critical challenge. You should know that no matter which payment provider you work with, the merchant is always 100% responsible. If you operate an e-commerce site, you must implement best practices in e-commerce fraud prevention and reduce costly chargebacks from payment processors.

Radar, which is developed by Stripe, a renowned payment processor, is a complete solution to help you prevent fraudulent payments and mitigate credit card fraud. It boasts enhanced features and advanced machine learning to detect fraudulent activity.

 

Radar also helps e-commerce merchants to:

 

 

01 Manage international sales
02 Filter the type of accepted cards
03 Review suspicious payments
04 Block high-risk orders (based on Radar’s machine learning)
05 Limit the amount permitted for each transaction (an excellent option against thieves who try to buy a lot of expensive products)
06 Block transactions or allow transactions that ordinarily are rejected (for example: a B2B customer could make an authorized payment well beyond the limit for B2C customers)

3D secure protocol responsibility transfer

Another important solution for e-commerce businesses is 3D Secure, a security protocol that is designed to provide an additional layer of security for online credit card and debit card transactions.

3D Secure makes it possible to shift the liability of a transaction to the bank rather than to the merchant. Often known by names like Visa Secure or Mastercard Identity Check, this authentication standard can significantly reduce fraud. By combining Radar with 3D Secure , you are able to direct only suspicious users to 3D Secure and thereby maintain the best possible conversion rate while protecting you from potential thieves.

Axial has a dedicated team of specialists in e-commerce fraud and chargeback protection using Radar and 3D Secure.

 

Request a consultation with our Radar and 3D Secure experts today!