FRAUD COP RESULTS
The benefits merchants realize when applying various services of Fraud Cop can be endless. The services included in the Fraud Cop suite of services includes various tools for wiping out both friendly and traditional fraud. Merchants suffer fraud losses due to the behavior of unscrupulous individuals every day. Fraud Cop eliminates those losses and provides merchants with undeniable transaction verification and the ability to win charge-back disputes. Phone verification costs are reduced with the addition of Fraud Cop while reducing a merchants overall charge-back or return rates.
Tamper-Proof Forensic Documentation is provided to verify a consumers activity which includes electronic signatures, biometric voice imprints, watermarks and time stamps.
Deniable agreement to the terms and conditions of your sale with total sale disclosure at multiple levels and multi-level consumer verification of understanding and acceptance of sale terms.
Multiple points of identity validation and sale confirmation serves as an extreme fraud deterrent.
Documents, consumer identity information, agreement acceptance, return policy acceptance and payment terms are legally binding with a proven chain of custody and secure archives.
Merchant has on-demand and instant access to all recordings, documents and digital signature information.
Merchants can easily integrate Fraud Copy into any payment processing strategy. Fraud Cop can be integrated into the SNJ Billing suite of sophisticated services or used on a standalone basis.
A simple formula to determine how much you are loosing due to the fraudulent behaviors of consumers can be found on the next page.
One client was able to quickly reduce their unauthorized returns from 5% to less than 1% with the right application of the FraudCop services. Imagine what that kind of reduction would do for your operation.