RADAR and 3D SECURE 2 e-commerce fraud management
Preventing on e-commerce website is a critical challenge. You should know that no matter which payment provider you work with, the merchant is always 100% responsible. If you operate an e-commerce site, you must implement best practices in e-commerce fraud prevention and reduce costly chargebacks from payment processors.
Radar, which is developed by Stripe, a renowned payment processor, is a complete solution to help you prevent fraudulent payments and mitigate credit card fraud. It boasts enhanced features and advanced machine learning to detect fraudulent activity.
Radar also helps e-commerce merchants to:
3D secure protocol responsibility transfer
Another important solution for e-commerce businesses is 3D Secure, a security protocol that is designed to provide an additional layer of security for online credit card and debit card transactions.
3D Secure makes it possible to shift the liability of a transaction to the bank rather than to the merchant. Often known by names like Visa Secure or Mastercard Identity Check, this authentication standard can significantly reduce fraud. By combining Radar with 3D Secure , you are able to direct only suspicious users to 3D Secure and thereby maintain the best possible conversion rate while protecting you from potential thieves.
Axial has a dedicated team of specialists in e-commerce fraud and chargeback protection using Radar and 3D Secure.