Main Purpose
The main purpose of the Riskified website is to provide fraud prevention and chargeback fraud protection services for businesses.
Key Features
- Fraud Prevention: Riskified offers advanced fraud prevention solutions to help businesses mitigate the risk of fraudulent transactions.
- Chargeback Fraud Protection: The platform provides protection against chargebacks, ensuring that businesses are safeguarded against financial losses resulting from fraudulent chargebacks.
- Real-time Decisions: Riskified's machine learning platform analyzes individual interactions in real-time to provide accurate and timely decisions regarding the legitimacy of transactions.
- Identity-based Insights: The platform leverages robust identity-based insights to enhance fraud detection and prevention measures.
Use Case
- E-commerce Fraud Prevention: Riskified is primarily used by e-commerce businesses to prevent fraud and protect against chargebacks, ensuring secure and reliable transactions.
- Improving Customer Retention: By minimizing the risk of fraud and chargebacks, Riskified helps businesses maintain customer trust and satisfaction, leading to improved customer retention.
- Minimizing Declines: Riskified's solutions also aim to minimize transaction declines, ensuring a seamless payment experience for customers and maximizing revenue for businesses.
