Fraud Protection for SME

Small and medium-sized enterprises (SMEs) are often run by a small team and operate on a thin margin. As a result, they have limited budget for extras like fraud protection for their online stores. However, they still need to ensure that they are protecting themselves from fraud. FraudLabs Pro has […]

E-commerce fraud prevention

E-commerce fraud refers to credit card payment fraud on online stores. Online merchants suffer fraudsters who make purchases using stolen credit cards. This results in a lot of chargebacks to the merchants. Fraud prevention is very much a necessity for any online merchants as e-commerce fraud is a growing problem. […]

E-commerce Fraud and Merchant Network

The pandemic has encouraged more people to transition from shopping at physical stores to purchasing things on e-commerce websites. With such a huge explosion of buyers at online stores, payment frauds have also increased dramatically. Merchants earn more but are exposed to a higher risk of e-commerce fraud. Online merchants […]

How to reduce chargebacks

Chargebacks are payment reversals, similar to refunds, that happens whenever the card holder sees a transaction in his credit card bills and disputes that. Financial penalties are involved for the merchants whenever there are chargebacks. To reduce chargebacks, merchants should pay close attention to this article and read more. Normally, […]

What is a device?

In FraudLabs Pro, a device refers to the hardware that a buyer used to visit an e-commerce site. It would mean a laptop, desktop, mobile, tablet and so on. And, each device will be assigned with a unique identifier using HTTP cookies for device validation tracking.

How to prevent Buy Now, Pay Later frauds

Buy Now, Pay Later (BNPL) can be considered the modern incarnation of the old installment plans that some brick-and-mortar stores give their customers. BNPL is often available on major e-commerce websites. Upon checkout, customers just have to select the BNPL option and their repayment schedule. There is usually no upfront […]

Useful tips for merchants to handle chargebacks

Accepting credit card payments for an online store is pretty much expected these days. For the online merchant, getting hit with credit card disputes (a.k.a. chargebacks) is also inevitable. There are things that a merchant can do to mitigate the losses from chargebacks. Merchants can fight chargebacks with evidence While […]

Data breaches breed more online payment frauds

Used to be that data breaches only happen once every few years. Sadly, that is no longer the case. We keep hearing about breaches on a fairly regular basis these days. The amount of data stolen in breaches are gold to online scammers. This is especially true if the data […]