With fraud for online businesses in the billions of dollars, finance
executives are eager to understand how they can mitigate revenue leakage from
fraud and chargebacks. While a number of companies believe chargebacks are just
a cost of business, they are a symptom and indicator of larger fraud challenges.
There are significant business risks to out-of-control chargeback rates,
ranging from fines by card associations to the potential loss of your merchant
account.
Vindicia enables finance executives to better understand and immediately tackle
fraud problems with a solution that maximizes average customer lifetime value and
enables merchants to remove fraudulent transactions from the purchase cycle.
The Vindicia solution covers fraud screening, chargeback
management and billing services for
your online business. As an externally-audited PCI Level 1 and SAS 70 Type 2
vendor we have the ability to handle hundreds of thousands of transactions a day
while continuing to protect your customers' security and privacy
| Key Finance Requirements |
Vindicia Solution |
Finance Executive Benefits |
| Minimize true fraud incidents |
Real-time fraud screening incorporates geoip, velocity, blacklists and
actual chargeback data to return a more accurate chargeback probability |
Maximize average customer lifetime value by limiting "false positives" |
| Recover lost revenues |
Workflow automation and best practices |
Win between 65-80% of chargebacks that are disputed |
| Understand root causes for underlying fraud and chargebacks |
Detailed analytics on true fraud, friendly fraud and business process
failures |
Change internal processes and lower chargebacks |
| Ensure compliance at all levels |
Externally audited PCI Level 1 Service Provider compliance, as well as SAS
70 Type 2 and European Data Privacy Act compliance |
Customer security and privacy are fully ensured |
| Lessen IT and operational burden |
Hosted and automated solution delivers results in a non-invasive fashion |
No need to add incremental in-house infrastructure |
