• AntiFraud – Fraud Prevention System

    WayForPay Antifraud The WayForPay Antifraud applies its own scoring
    model which helps to detect and analyze transactions
    and determine fraudulent transactions accurately.

Start saving on losses!

Сохранение минимального уровня Chargeback

Reduction of chargebacks in fraudulent operations to zero, penalty avoidance and low probability of completion of risk transactions.

Flexible settings for every single product

Turnkey solutions according to the specific nature of business (aviation, travel, sale of goods, online lending, р2р etc.).

Intelligent analysis

Transaction analysis involving over 100 intelligent filters. Analysis of the customer’s behavioral pattern.

Operating cost reduction

Payments processing automation based on the customer reputation.

 

Loyalty level increase

Providing high level of protection against fraudulent transactions with the customers’ cards.

 

Data storage

Storage and update of data on fraudulent transactions for effective and quick detection of transactional risk

 

STEP 1
Antifraud: Merchant
The first step of fraud prevention implies the analysis of seller: its type of activity, type of goods, geographic segment etc. Customization of the Antifraud system allows minimizing risk and decreasing the number of suspicious transactions.
STEP 2
Antifraud: Customer
The second step implies the analysis of customer and customer-related information.
The WayForPay Antifraud performs analysis on the basis of over 100 parameters of every single transaction as well as compilation and tracking of reputation, which is further used for assessment of users. All the data are stored in the database, including parameters related to every single transaction and online payment of the user.
Trusted users (positive rating)
VALID TRANSACTION
POSITIVE REPUTATION
TRUSTED USER
Bad users (negative rating)
FRAUDULENT TRANSACTION
NEGATIVE REPUTATION
BAD USER
STEP 3
Antifraud: Analysis
  • Intelligent Filtration System
  • Transaction authorization 24/7
  • Two-stage authorization
  • Interaction with merchant
  • Prognosis models
    (calculation of fraud probability)
  • Aberrant behavior patterns
  • Social data processing

 

 

Long experience of risk analysis team experts, smart system and simple API allows working with customers who require the Antifraud System only.

 

 

Start saving on losses!

Send request

+38 (044) 323 24 82

sales@wayforpay.com

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