Following the COVID 19 media coverage, we’ve seen an increase in eCommerce transactions and fraudsters are looking to take advantage. Protecting your business as well as your customer’s data is critical during this pandemic.
FraudSight is an in-authorization fraud mitigation solution powered by artificial intelligence and machine learning. It turns your hindsight into foresight by stopping high risk transactions while letting the good transactions through by leveraging:
FraudSight can be deployed with little-to-no additional integration. With FraudSight, we can help protect your business by helping to increase approval rates and helping to stop fraud before it happens. Reach out to your Relationship Manager to learn more.
The global pandemic has impacted every single business, while cancellations and postponements are leading consumers to contact merchants for refunds or, simply, to call their banks for disputes. You need to be ready for the increased chargeback risk. More chargebacks mean lost revenue and merchandise, additional fees and fines, and poor customer satisfaction.
Disputes solutions suite (Disputes Deflector and Disputes Defender) is a dual-layer protection against chargebacks, first deflecting them before they arise and then fully managing chargeback defences on your behalf. We partner with Chargebacks911 to provide the best chargeback solutions to you.
With Disputes Deflector you
Disputes Defender will help you save time and money fighting chargebacks by:
Our Disputes solutions are success-based models, there are no upfront fees and we simply retain a percentage of the revenue we recover for you. Please reach out to your Relationship Manager to get started.
One key tactic to protect your revenue from fraudulent activities associated with the coronavirus outbreak is to take control of fraudulent transactions before they turn into chargebacks. Worldpay’s Fraud Chargeback Prevention Service (FCPS) actively gathers fraudulent transaction data provided by issuers, which can help you take control of chargebacks and mitigate fees, fines, and reputational damage. It features:
Deploying services quickly helps protect revenue and prevent future loss. FCPS does not require any additional integration - we can easily turn it on for you.
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Data and analytics are critical components to understanding the health of your business, especially during these unprecedented times.
Pazien gathers your transactional data daily and unearths performance discrepancies, weaknesses, and successes that empower you to make strategic decisions that impact the bottom line.
Pazien reporting is available for all Worldpay customers. If you’re already using Pazien, sign in today to take advantage of our special offer or reach out to your relationship or support manager for information.
In these uncertain times, more commerce is moving online than ever before – and your business needs to ensure that these transactions are protected.
3DS Flex balances risk reduction with a seamless payment experience. For many years, 3DS1 has been a valuable tool proven to reduce fraud and increase authorization rates. Now, it’s getting even better with upgraded, modern features that will take out friction and give cardholders an improved checkout experience.
3DS Flex helps your business comply with PSD2 by December 2020 and supports 3DS2, a global solution to the authentication challenge
With a single integration, we help you mitigate fraud risk, reduce PSD2 compliance costs, and create better, safer customer experiences. Please reach out to your Relationship Manager to discuss the integration.
Service interruption due to card reissuance will, at best, make for a very poor customer experience and, at worst, lead to attrition – especially as consumers increasingly tighten their belts due to extended economic uncertainty.
Recovery is a sophisticated and automated account updater service that maximizes eCommerce approvals, minimizes card-on-file declined authorizations, and increases revenue.
Recovery does not require any additional resources on your part to run or manage it. We can just turn it on for you – no technical integration needed.
Knowing how the COVID-19 crisis has impacted your customer base and how they are choosing to purchase goods or services can help you adjust to the rapid shift in consumer behavior.
Issuer Insights aligns merchant performance with issuer attributes, peer benchmarking, and customer characteristics to help improve transparency and provide deeper understanding of cardholders. Issuer Insights also allows you to analyze how your consumers reacted to the crisis, and gain insight on what you can do next.
Issuer Insights can be implemented with no coding investment required.
When business slows down as in these unprecedented times, cost savings take on an even more pronounced imperative.
Prime is an advanced, fully-managed, data-driven debit routing service that examines each eligible transaction and routes it to the optimal network, based on your network strategy or the lowest possible cost.
With Prime, you need little-to-no software development. We enable the service, and you reap the cost-savings rewards. Plus, you benefit from a single relationship with the world’s leading payments processor for both your credit and debit card transactions.
We have received reports of businesses being contacted by callers claiming to be representatives of a merchant services provider. These callers are telling merchants that their current provider is shutting down due to the COVID-19 situation. They proceed to tell the merchant they need to switch processors to continue accepting electronic payments.
If your business is targeted, please know that this is part of a scam and not legitimate. Worldpay will continue to be your trusted partner and support your payment processing needs.