CUSTOMER VERIFICATION

Wirecard groups risk management systems decrease the risk of default due to fraud and low credit scores in online retail for all established payment options.

Your key advantages:

• Reduces default caused by low credit scores

• Prevents fraud

• Integrates easily without needing a separate interface

• Increases sales and profits

The anonymity of the Internet appeals to criminals. Identity theft and payment fraud have increased drastically in recent years. In an attempt to reduce their risks, quite a few merchants limit the payment options they provide to customers. However, fewer payment methods also mean lower sales.
Wirecard groups risk management systems provide effective protection against fraud and default when using the established payment options. This way sales potential can be fully exploited with minimum risk. 

Our risk management ensures the greatest possible security for all established payment options. Individually customized and merchant-specific checking methods determine in real-time whether payments are to be accepted or rejected, which payment methods will be offered to a customer and up to which amount a particular payment method is justifiable. Fully-automated and modular processes can be adjusted to the respective requirements of merchants quickly, effectively and individually.