Today’s technological advancements have made online fraud a prevalent business. In 2018, transaction fraud losses incurred by US merchants and card issuers hit $9.1 billion. Doing nothing about fraud can be catastrophic for organizations and choosing the right fraud protection tool is critical.
In order to help fraud protection buyers understand the ecosystem and hone in on the most important factors to consider, our eBook Fraud Protection Buyer’s Guide serves as the ultimate resource for online merchants that need fraud protection, but are unsure which solution is best for them. The eBook was written as part of the company’s initiative to help educate merchants about online fraud and provide them with the necessary tools to safeguard their businesses.
The Fraud Protection Buyer’s Guide provides a description of the different types of fraud solutions that are available today, and the pros and cons of each that will impact efficiency and effectiveness:
- Fraud Filters
- Manual Solutions
- Outsourced Automated Solutions
- Outsourced Managed Solutions
Once you’ve decided what solution works best for your business, there are some important factors that need to be considered in order to find the right tool:
- Data Safety
Purchasing a fraud protection solution can be daunting for e-commerce or multi-channel merchants, primarily because there is a myriad of options out there and merchants can be unsure of how to evaluate the real value and benefits of each, and how they fit your business needs. This eBook is uniquely designed to facilitate that task. To simplify things even more, ClearSale created a built-in checklist so that e-commerce merchants ask the right questions when comparing fraud protection solutions.
To download the full eBook, click here.