Chargeback & Fraud Protection

Chargeback & Fraud Protection

In today’s digital marketplace, online fraud poses a significant threat, especially for small businesses, high-risk merchants, and startups. The rise of “Friendly Fraud,” which cost businesses over $11 billion in 2012, continues to escalate, with chargebacks increasing by roughly 20% annually. Achieving protection against these threats without an advanced system is nearly impossible.

Chargeback & Fraud Protection

Why CheckoutGate?

Eliminate Improper Disputes and Save Big

CheckoutGate introduces the Smart Credit Request Feature, eliminating unnecessary expenses for declined transactions or authorizations. Our “Smart Checks” feature intuitively determines which transactions qualify for chargebacks, ensuring you only pay for valid disputes.

How it works: Upon receiving a chargeback, our system checks if you have an alert. If it matches the criteria, the platform auto-generates a credit request for you, ensuring you’re only alerted and billed for valid instances. This feature pulls real-time transaction statuses, providing unparalleled control over your transactions and alerts.

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Let’s Discover Together

All merchants face the burden of improper disputes, leading to significant extra expenses. Reach out to us to dive deep into your transaction history and uncover the number of doubtful transactions you’re currently facing.

Implementing our Smart Credit Request functionality can lead to up to a 20% saving on your bill.

Key Features of CheckoutGate’s Anti-Fraud & Chargeback Mitigation System:

Tackle Friendly Fraud:

  • Feature: Defense against losses from product costs, fees, penalties, and operational costs.
  • Advantage: Effective mitigation of “Friendly Fraud.”
  • Benefit: Secure revenue and reduced financial strain.

Efficient Dispute Handling:

  • Feature: Swift representment process.
  • Advantage: Prevent double refunds and chargeback fees.
  • Benefit: Streamlined dispute resolution and cost savings.

Real-time Protection:

  • Feature: Information flow speed of below 1.5 seconds.
  • Advantage: Immediate action or autonomous dispute handling.
  • Benefit: Real-time transaction security.

Single Endpoint Management:

  • Feature: Unified dispute management from various sources.
  • Advantage: Consolidated and efficient dispute resolution.
  • Benefit: Simplified operations and improved control.

Prevention Over Cure:

  • Feature: Tools like Order Insight™ + Compelling Evidence 3.0 and Consumer Clarity™.
  • Advantage: Early communication with cardholders and issuers.
  • Benefit: Prevent potential disputes before they escalate.

Customizable Reports:

  • Feature: Tailored report generation.
  • Advantage: In-depth analysis and cost control.
  • Benefit: Enhanced business insights and decision-making.

White-Label Solutions:

  • Feature: Customization of all CheckoutGate modules.
  • Advantage: Tailored solutions for merchant service providers.
  • Benefit: Personalized branding and merchant satisfaction.

Cost Benefits:

  • Feature: Potential savings up to 20% on bills.
  • Advantage: Lower operational costs.
  • Benefit: Increased profitability and financial health.

Conclusion

Choosing CheckoutGate for your anti-fraud and chargeback mitigation services ensures comprehensive protection, cost savings, and peace of mind. Our commitment to your success, combined with our advanced technology, positions us as the premier choice for businesses seeking to safeguard their revenue and enhance their operations. With CheckoutGate, you gain a partner dedicated to providing unparalleled security and efficiency. Contact us today for a partnership that guarantees peace of mind and revenue protection