Online fraud is a big concern for every eCommerce merchant. With NoFraud, you can rest easy that your business is safe from fraud & you can wash your hands of all fraud prevention tasks that occupy hours of your staff’s time including fraud score analyzing, fraud rule building and manual review.
NoFraud offers eCommerce fraud prevention through real-time virtual identity verification. We deliver individual, real-time decisions for each transaction using thousands of data points and virtually every fraud detection technology available.
The solution is fully automated and managed by in-house experts, requiring no input from the merchants, not even manual review - cardholder verification is done internally by NoFraud. Live customer support is available to all customers.
NoFraud never requires any commitments or integration fees. We make fraud prevention as easy and price effective as possible.
When the NoFraud extension is enabled, transactions will be sent to the NoFraud application for validation after the customer’s transaction has been placed.
NoFraud gives you actionable responses you can rely on: Pass or Fail. There are no scores to analyze or rules to configure. You can decide to manually cancel the orders we flagged as fraud (“Fail”) or you can set up the system to automatically cancel the fraudulent orders on your behalf.
For transactions where a high risk transaction has validation potential, , NoFraud contacts the cardholder for verification (less than 0.5% of transactions). This allows NoFraud to approve high risk transactions that other solutions would decline. There is no need to gather evidence on why you believe that transaction is valid - the review is triggered automatically as soon as the order comes to NoFraud.
During the review process, the transaction in your Shopify admin will show as “Suspected Fraud”. NoFraud uses contact information linked to the cardholder when conducting a Cardholder Verification. Once completed, you will receive an email with the transaction’s updated status.
Should you get a fraud chargeback on an order NoFraud passed, NoFraud will reimburse you for the full chargeback amount.
NoFraud also offers the flexibility to include or exclude alternative payment methods (ex: Paypal, Amazon Payments). We can also screen phone orders.
NoFraud uses a blend of intelligent technology, machine learning and human intelligence to keep up to date with the complex, ever-evolving face of fraud. Below is a sample of the technology utilised:
NoFraud charges the lowest rates in the industry. Please email NoFraud at firstname.lastname@example.org for a price quote for your business. Please note that there is a minimum volume requirement for Chargeback Protection eligibility. Rates are generally in the 0.5-1% range.
Please reach out to us with any questions at email@example.com or visit us online at www.nofraud.com.
*Please note the free trial includes the NoFraud response. Chargeback Protection reimbursement is available for active customers and requires approval.