Learn how ARME can help you boost eCommerce growth, reduce customer friction, and minimize revenue loss.
The global eCommerce market is predicted to touch the 7 trillion US Dollars mark in 2025. Well, this doesn’t just serve the good guys, bad guys are also getting their peck from this huge hit! Big money brings big risks, with noticeable growth in the e-commerce sector we can expect an increase in e-commerce fraud committed.
3D Secure or 3DS is a security protocol initiated to upgrade protection during card-not-present transaction instances (CNP). 3DS acts as an extra layer of security by confirming the cardholder’s identity prior to authorization and thereby rapidly reducing the risk of online fraud. eCommerce merchants around the globe are adopting the 3DS methods as an integral part of their fraud prevention program, So how does this work?
Choosing the right fraud prevention vendor is not complicated as it seems. Your business goals should align with the features and specifications of their fraud prevention system. Below is the list of benefits you should consider while in partnership.
Committing fraud in the Digital World is easier than in the physical world, because of lesser footprints and rougher traceability. Data gets spread more easily here than we imagine.