Revenue lost to true fraud can’t be recovered, so you need to prevent it from happening in the first place. Protect your business on the front-end from large-scale attacks from hackers and organized crime, while still making transactions possible for legitimate customers.
No matter which third-party fraud prevention solution provider(s) you choose, you need to ensure that AVS and CVV, CVV2, or CVC are being collected. In addition, transactions should be monitored for fraud, in order to identify red flags that trigger manual reviews.
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