"SEON has allowed us to almost completely automate our fraud prevention process. It is truly a machine-driven workflow."
Internet shoppers like to get things done quickly and easily. But the easier you make the checkout process, the more likely fraudsters will find ways around your security. Turn the tables on fraudsters by making their lives more difficult while letting trusted customers breeze through.
The cost of fraud per dollar is increasing 10% year-on-year, reaching USD3.75 in the US.
Friction-filled anti-fraud measures cause customer woes, leading to high cart abandonment rates.
Merchants with high chargeback rates can be fined or blocked by card issuers.
Trusted by the world’s most ambitious brands
Check every transaction as it happens with SEON's lightning-fast transaction monitoring. Run rules designed to watch for suspicious behavior and sudden changes in customer habits. Automate fraud prevention with easy-to-create rules and robust machine-learning solutions that keep you in control, so you can get back to serving honest customers.
Unleash SEON's powerful device fingerprinting and IP analysis tools to put fraudsters on the back foot. Decline purchases from suspicious devices or connections, including browsers, tools, and addons commonly used in fraudulent attempts. Block transactions with mismatching info, such as IP geolocation different from billing and mailing addresses.
Pair SEON's checkout monitoring with checks at user registration and login to protect your customer accounts at every step. Let your trusted customers breeze through checkout while improving your site's security. Filter customers based on SEON's data enrichment, forcing suspicious visitors to provide more information, park them for a manual review, or block their orders.
Controlling the checkout process usually means balancing security and friction.
Add too many verification steps, and you increase churn. Reduce friction, and you risk processing fraudulent payments, which leads to higher chargeback rates.
With SEON, you don’t have to choose one over the other. Our real-time data enrichment modules give you a complete picture of your customer as they go through the checkout. Gather more information based on data points such as an email address, phone number, device, IP address, or credit card number, and leverage it to build a 360 profile of the legitimate cardholder – or fraudster, attempting to pass off as one.
This profiling information is fed through risk rules, which you can completely customize to meet your unique checkout needs. You can decide what is risky or start using our industry preset rules, specifically tailored for online merchants and retailers. The automation helps you save on manual review times and focus your resources on monitoring medium-risk checkouts only.
With SEON, you can also link specific data points to individual users, essentially giving you unique identifiers for each account. This helps spot suspicious connections between accounts, protect users from account takeovers, and make checkout as seamless as possible for your higher value customers.
Ready to see your fraud rates drop by the hour?
Get in touch for your free trial or to see how SEON can help your business grow safely today.