Online fraud is a big expense for almost every eCommerce merchant. With NoFraud, you can rest easy that your business is safe from fraudulent transactions & 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.
NoFraud has successfully reduced fraud for its customers to below 0.1% of transactions, and virtually eliminates false positives with Live Cardholder Verification. 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.
NoFraud nevers requires any commitments, monthly minimums 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 approved.
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 Pass or Fail decision is not available, NoFraud contacts the cardholder for verification (less than 0.5% of transactions).
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.
NoFraud offers Chargeback Protection as an optional add-on. If you would like to have 100% fraud coverage, you can add our Chargeback Protection option and should you get a fraud chargeback, NoFraud will reimburse you for the full chargeback amount. This option can be turned on and off at will - NoFraud will never lock you into any long term contract.
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 a low, per-transaction rate. There are no monthly minimums, monthly fees or term commitments. For an exact quote please go to https://www.nofraud.com/pricing
Please reach out to us with any questions at firstname.lastname@example.org or visit us online at www.nofraud.com