Fraud Problem = Chargebacks
In 2012, merchant losses due to fraud were in excess of $100 billion, which included: unauthorized transactions, fees, interest and penalties associated with chargebacks. In fact, Visa claims that the top reason for excessive chargebacks is fraudulent transactions. And the losses keep mounting when you add lost product, reduced revenue and the cost of manual reviews.
KOUNT COMPLETE™ SOLUTION
Kount Complete™ is the most advanced fraud detection and prevention platform available today for card-not-present (CNP) and online merchants. We’ve helped some of the world’s best-known brands get out from under the crippling effects of excessive chargebacks. We can help you too. And, our SaaS model can have your organization up and running in just days.
Simple to Implement, Simple to Use
Fast Integration - Kount’s solution can be up and running in just days
Easy-to-use - Kount’s all-in-one solution is easy to configure and manage
Immediate Results - Start seeing results from the very first day
*Chargeback penalties are those fees, penalties and interest that are charged to merchants when they are out of compliance with Visa or MasterCard programs for maintaining a proper ratio of chargebacks within certain periods. This does not refer to the chargeback itself, only the penalties associated with excessive chargebacks as described in their respective program guidelines.