Dealing with fraud can cost you time and money. Enjoy our new cooperation with Shopify’s Fraud Analysis to help bring suspicious orders to your attention.
About Shopify’s Fraud Analysis
Shopify’s fraud analysis helps you identify orders that could be fraudulent. Therefore it enables you to avoid chargebacks (return of funds from your store to the customer).
Shopify’s analysis provides indicators for each order. The indicators can be used to investigate an order that you think might be fraudulent. In addition, it can include information such as:
- Verification of the the credit card.
- CVV code, Buyer’s IP address.
- Number of cards the customer tried to use during the purchase.
Merchants above the Shopify Basic plan will receive recommendations as well. The fraud recommendation tells you if an order has a low, medium, or high risk of a chargeback due to fraud. When an order has a medium or a high risk, then it will be flagged on the Orders page.
The fraud analysis supports third-party fraud apps as well, and helps you stay aware of any suspicious orders. You can use it to make sure no transaction results in a chargeback.
Rise.ai seamlessly integrates with Shopify’s anti fraud native tool. This is achieved by Rise.ai pausing the sending of the Gift Card codes until the order finishes the review process, and payment is captured.
Rise.ai’s anti fraud tool is automatically enabled for all Pro users and above.
Now days, nearly 10% of all fraud attempts in the eCommerce world are centered around Gift Cards. So it is even more crucial to protect your business and keep you and your clients 100% safe.