Ecommerce competition is fierce, and maximizing revenues is essential to remaining competitive. Riskified guarantees higher approval rates while protecting against fraud. Our eCommerce fraud protection safely removes payment restrictions so you can expand operations and boost sales.
Ecommerce fraud protection is more than chargeback prevention. Retailers actually lose more to false declines than to eCommerce fraud. Riskified’s fraud prevention solution eliminates false declines, resulting in more revenue, a better shopping experience for consumers, and an improved brand reputation.
Our fully scalable eCommerce fraud prevention solution supports rapid growth and expansion. With localized data sources and dedicated machine learning models for specific regions, industries, and product categories, Riskified provides higher approval rates and accurate fraud detection.
The key to capturing eCommerce market share is providing a good shopping experience and eliminating customer friction. Falsely declined consumers dramatically reduce or entirely stop patronage of the offending retailer, and digital goods merchants pay an even higher price for inaccurate eCommerce fraud prevention measures by sending business to the competition. Riskified protects retailers' market share by eliminating false declines.
Returning customers generate 33% of eCommerce revenue, but consumers who experience high friction fraud prevention measures are unlikely to return. Unfortunately, millennial shoppers and affluent consumers often experience false declines. Riskified maintains your brand reputation and builds consumer trust by protecting your eCommerce business from fraud while guaranteeing that your key customers aren’t rejected and enjoy a smooth online experience.