DECISION LOGIC
Wirecard risk management systems decrease the risk of default in online retail for all established payment options – on an automated basis.
Key advantages for you:
- Customizable combination of verification methods
- Flexible, merchant-specific configuration
- Possibility of ongoing optimization
Due to the drastic increase in fraud and identity theft, professional risk management has become indispensable for every merchant. This is the only way to protect against default. Fearing fraud, many merchants limit the payment options they provide to customers. Yet this measure costs them customers and sales. Wirecard 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.
The decision logic of each Wirecard security system is fully configurable in order to satisfy the various business models and requirements extant in online retail. It can be re-configured at any time, making it possible to include new or changed conditions in the security concept quickly and efficiently.
The individual decision logic can be adapted to rules and rule sets. Additionally, information from external service providers such as credit rating agencies can be included and specific return values defined by each merchant to control credit lines.
