PAYSHIELD Prevent
PayShield’s Transaction Risk Tool
Leverage the full power of PayShield’s Transaction Risk Tool to let you identify potentially suspicious transactions before they’re processed. The Transaction Risk API gives you an automated, actionable signal that lets your systems either refuse to process a transaction or submit the transaction to more detailed identity checks.
DISCOVER
What is the Transaction Risk Tool?
The Transaction Risk Tool, offered through PayShield Plus, enhances transaction security and maximizes approval rates by analyzing client-provided identity data to generate risk scores and actionable insights, preventing payment fraud and optimizing the digital customer experience.
Access Predictability Data
Predict fraud quickly through machine learning that combines datasets to accurately identify and manage risk based off five core identity attributes.
Increase Approval Rates
Effortlessly boost revenue by automating the approval of low-risk orders, increasing overall approval rates for trustworthy customers.
Stop Fraud Before Processing
Flag risky transactions in the payment approval workflow, in order to reduce loss of income and having to fight fraud post-transaction processing.
Product
PayShield’s Transaction Risk Tool
PayShield’s Transaction Risk Tool brings together a multitude of scoring systems allowing you to select the best options for your needs and your budget. It is also one of the few fully authorised resellers of MasterCards Ekata an industry leader in identity verification & fraud prevention service.
PayShield has helped multiple customers implement this cost-effective, automated and easy-to-use technology into their anti-fraud strategy.
Through the Transaction Risk Tool, users gain comprehensive risk assessments via API for up to 26 transaction details per query, that can be checked across multiple scoring providers, providing deep insights into individual and combined data points. The tool enables effective transaction risk evaluation and informed decision-making allowing businesses to manage potential threats confidently.
- Receive a transaction risk score derived from advanced modelling techniques, providing a comprehensive assessment of each transaction’s risk level.
- Validate the authenticity of billing and shipping details to ensure the legitimacy of customer information.
- Review all network signals to gain a thorough understanding of transaction patterns and potential fraud indicators.
- Examine the distance between the customer’s IP address and their provided address to detect any discrepancies that might indicate fraudulent activity.
- Scan enriched phone metadata to gather detailed information about the phone line type, which can be a strong indicator of potential fraud.
Ready to integrate the Transaction Risk Tool?
Featured Articles
Fraud Risks in Cross-Border Payments and Why International Transactions Are Targeted
In order for businesses to access worldwide markets and serve a diverse customer base, cross-border payments have emerged as an essential part of global commerce. But the increase in international trade has also made businesses more susceptible to fraud. Due to...
Combatting Fraud & Chargebacks in Online Casinos & Sports Betting
In recent years, the online gambling sector, which includes sports betting sites and online casinos, has grown significantly. However, this growth also brings with it a more difficult problem... chargebacks and fraud. Online Gambling is especially...
Subscription & Recurring Payments – Managing Chargebacks & Disputes at Scale
With industries like SaaS, streaming services, e-learning platforms and digital memberships mainly dependent on recurring payments, the emergence of subscription-based businesses has completely changed the digital economy. However, customers can dispute...