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ProcessingPoint.com >> Fraud & Chargebacks >> Fraud & Chargebacks
Fraud & Chargebacks
Fraud, and consequently chargebacks are a serious threat to the online payment industry. By a slight degree, it has been shown that it decreases consumer confidence in online spending. While it only plays a small role in overall transactions, and online spending continues to grow exponentially, we have invested heavily in our infrastructure to reduce the impact, and mitigate risk in doing business online.As a ProcesingPoint merchant, you will have access to the following benefits:
- Real-time bank authorization, which ensures that funds are available for purchases
- Transaction screening, including verification against our extensive risk-management system
- Real-time analysis to find patterns
- Suffisticated tools, which include neural network to technologies and cardholder technologies (AVS, CCV2, & micro-deposits)
