The Clearsale Blog

Right Solution for Your Business With ClearSale

Right Solution for Your Business With ClearSale

For e-commerce and multichannel merchants, managing fraud can be a burdensome task. But ignoring the job can be potentially disastrous for your business: U.S. merchants and card issuers are projected to incur $9.1 billion in payment card fraud losses in 2018.

Even after realizing how important fraud protection is, finding the right solution to protect you and your business isn’t easy. Do you know what solutions are even available? What questions should you ask to ensure you’re getting the solution that’s right for you?

ClearSale’s Fraud Protection Buyers Guide gives e-commerce merchants the insight they need on the different types of fraud solutions, like:

  • Fraud filters. These basic tools are usually inexpensive and easy to set up. But you can’t fully customize them to your business or use human review to catch the things the software misses.
  • Manual solutions. While each transaction is individually reviewed, those reviewers might be unable to keep pace with sudden spikes in sales volume.
  • Outsourced automated solutions. Although these solutions can improve processing time and provide more sophisticated options, they still rely exclusively on artificial intelligence, increasing the risk of false declines.
  • Outsourced managed solutions. Leveraging the power of machine learning technology to screen every transaction, this option also uses human analysis to authenticate flagged transactions.

Once you’ve decided on a general category of fraud solutions, the decisions don’t end there — and neither does our help. Next, our guide assists you as you evaluate which individual fraud protection solution is right for your business, based on factors like:

  • Usability. Do you have the time, skills and staff available to review orders and accurately (and quickly) make transactional decisions? Or should you outsource this to a specialized team?
  • Integration. Will the solution integrate seamlessly and easily with your existing e-commerce platform? Where will you go if you have questions or problems?
  • Accuracy. It’s challenging to prevent fraudulent transactions without declining legitimate orders. How does the solution reduce the risk of false positives?
  • Chargebacks. Will the solution cover your business against all three kinds of credit card fraud: true, chargeback and friendly fraud?
  • Data safety. Securing your customers’ sensitive personal data is critical for online retailers. The fraud protection solution you choose should be just as concerned about safeguarding this information.

Once you’re ready to start shopping, our Fraud Prevention Buying Worksheet lists all the questions you need to ask to compare your options and make an educated decision.

Ready to discover the perfect fraud protection solution for your business needs? Get your free Fraud Protection Buyers Guide today!

ClearSale Fraud Protection Buyers Guide

You may also like

Why MOTO Transactions Have an Increased Fraud Risk

Why MOTO Transactions Have an Increased Fraud Risk

For e-commerce and multichannel merchants, managing fraud can be a burdensome task. But ignoring the job can be potentially disastrous for your business: U.S. merchants and card issuers are..

How Machine Learning Can Improve Fraud Risk Assessment

How Machine Learning Can Improve Fraud Risk Assessment

For e-commerce and multichannel merchants, managing fraud can be a burdensome task. But ignoring the job can be potentially disastrous for your business: U.S. merchants and card issuers are..

SIM Swapping: How to Protect Against This Emerging Scam

SIM Swapping: How to Protect Against This Emerging Scam

For e-commerce and multichannel merchants, managing fraud can be a burdensome task. But ignoring the job can be potentially disastrous for your business: U.S. merchants and card issuers are..

The 13 Fraud KPIs E-Commerce Merchants Need to Know

The 13 Fraud KPIs E-Commerce Merchants Need to Know

For e-commerce and multichannel merchants, managing fraud can be a burdensome task. But ignoring the job can be potentially disastrous for your business: U.S. merchants and card issuers are..

CLEARSALE ON ECOMMERCE FRAUD & COVID-19

CLEARSALE ON ECOMMERCE FRAUD & COVID-19

For e-commerce and multichannel merchants, managing fraud can be a burdensome task. But ignoring the job can be potentially disastrous for your business: U.S. merchants and card issuers are..

Why M&A Due Diligence Should Include Cybersecurity and Fraud Prevention

Why M&A Due Diligence Should Include Cybersecurity and Fraud Prevention

For e-commerce and multichannel merchants, managing fraud can be a burdensome task. But ignoring the job can be potentially disastrous for your business: U.S. merchants and card issuers are..

Country Profile: The Guide to E-Commerce in Mexico

Country Profile: The Guide to E-Commerce in Mexico

For e-commerce and multichannel merchants, managing fraud can be a burdensome task. But ignoring the job can be potentially disastrous for your business: U.S. merchants and card issuers are..

The True Cost of E-Commerce Fraud

The True Cost of E-Commerce Fraud

For e-commerce and multichannel merchants, managing fraud can be a burdensome task. But ignoring the job can be potentially disastrous for your business: U.S. merchants and card issuers are..

Predictions for the E-Commerce Fraud Market in 2020

Predictions for the E-Commerce Fraud Market in 2020

For e-commerce and multichannel merchants, managing fraud can be a burdensome task. But ignoring the job can be potentially disastrous for your business: U.S. merchants and card issuers are..

Want to write
for our blog?

Please review our writers' guidelines
https://www2.clear.sale/press/clearsale-guest-blog-guidelines
and then email guestwriter@clear.sale with your pitch!

Subscribe to our blog