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Online Fraud Checking to reduce charge backs and fraud rates
Online Fraud Checking to reduce charge backs and fraud rates
February 12, 2012 Web sites / Internet news in Sarasota,Florida, United States of America
FraudLabs.com, the leading providers of the e-commerce fraud prevention solutions, provides multiple levels of checking based on business needs.
FOR IMMEDIATE RELEASE
Sarasota,
Florida,
United States of America
(Free-Press-Release.com) February 12, 2012 --
The FraudLabs Credit Card Fraud Detection Web Service is a hosted, programmable XML Web Service that provides comprehensive fraud management solutions, with multiple levels checking and package based on the business needs. The web service allows instant detection of fraudulent online credit card order transactions, helping the Internet merchant to avoid loss of revenue, reduce and control the chargebacks due to fraud, as well as to convert more orders.
Shall you ever do business payment transactions, chances are you may encounter one of the common yet annoying issue, the payment charge back due to fraudulence credit card transaction. The magnitude of the losses causes by this issue was depending on the nature of the business that a person involve in. For example, if you are involving in selling tangible product via the web, not only you will incur losses in charge back but also the in claimable product shall the fraud case only discovered after the product shipment. However, this issue can be reduced or avoided by implementing Fraud Detecting mechanism. There are many Fraud Detection provider out in the market, but you may need to carefully select the reputable provider that giving you the maximize protection of your business.
FraudLabs is one of the leading Fraud Detection web service provider that using the geo location technology to identify, reduce and prevent fraud case for online merchants. By supplying the necessary information, FraudLabs web service will return fraud analysis results together with fraud score in real-time. This service can be used as an application to verify other processes where geographical information is available. By using this service, you are able to capture your online user's information before the ordering process and thus prevent fraudster from completing the transaction. Please refer http://fraudlabs.com/fraudlabs.aspx for further information.
FraudLabs.com ensures the high availability of all Web Services provided by hosting our services on a reliable cloud server and equipped with 24 x 7 x 365 monitoring. All customers can integrate the Web service regardless of their Web servers and shopping cart solutions. Online demo is available at http://fraudlabs.com/demo.aspx.
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