How To Turn Fears of Fraud into Clears for Cash
As commerce and payments become increasingly more digital, unfortunately so does fraud. Most organizations feeling this pain are already taking precautions and many are rejecting way more legitimate buyers than they want, leaving a lot of money on the table.
To compete effectively, you need to explore how high decline rates compare with actual fraud rates and how they impact your digital goods and payments revenue and costs. If you see them taking percentage bites out of your customer acquisition rates, while adding exorbitant levels of chargeback expenses, then you need to fix that – quick.
Today, nSure.ai manages billions of transactions per year and, unlike any other provider, makes direct decisions on hundreds of millions of those specific high risk, high value transactions. In Q1 of 2022, we assessed that exact data which resulted in several key insights. Join us for this webinar where we’ll share the findings and conclusions from our sampling of more than 12 million digital goods and payments transactions.
- What decline rates are vs what they should be -- and to what extent that adversely affects digital goods and payments merchants
- How the true cost of fraud will rise in conjunction with the increase in digital goods transactions – and how you can prevent fraud from scaling
- Why it’s critical to ensure you have the right levers working together to improve both your financial position and customer service levels