State of the art fraud prevention designed for Brazil
PagBrasil / PagShield fraud prevention
PagShield Fraud Prevention
Credit Card Fraud in Brazil
Brazil is one of the top 10 countries in the world with the highest credit card fraud rates. However, fraud levels depend strongly on the business segment a merchant is active in. The most common types of card fraud are Identity Theft, wherein the cardholder’s personal information is stolen, and Friendly Fraud, in which customers order a product and claim chargebacks by providing false information or a person close to the cardholder makes a purchase without his consent. Brazil has one of the strongest consumer defense legislations of the world requiring banks to accept chargebacks filed by consumers and immediately return the amount paid. This same legislation also significantly reduces the chances for merchants to successfully file a dispute on unjustified chargebacks. In addition, 3D-Secure is practically unavailable in Brazil.
PagShield, intelligent domestic fraud prevention
PagShield is PagBrasil’s intelligent and state-of-the-art online fraud prevention solution for merchants processing payments with PagBrasil. The anti-fraud solution is specifically designed for Brazil, taking into account market particularities, which are often not considered by multinational anti-fraud service providers. Our solution is based on a unique technology with intelligent self-learning buying behavior analyses, which fights fraud in real-time at a low cost. Merchants can identify fraudulent transactions automatically, thereby saving time on manual reviews and reduce false positives.
Key Features of PagShield fraud prevention
|Domestic Brazilian solution||PagShield was designed for the Brazilian market with features optimized for local particularities, such as checking the address provided against the IP geo-location.|
|State of the art buying behavior technology||We analyze how customers browse through your pages by utilizing mechanisms such as device fingerprint, IP geo-location, social graph, proxy detection and velocity checks. Our algorithm automatically adapts itself to each e-commerce business.|
|Self-learning algorithm||PagShield’s machine learning technology adapts itself to browsing patterns and automatically identifies atypical behavior on your website. Constant and time-consuming management of fraud-rules becomes practically dispensable.|
|Easy configuration||PagShield can easily be setup with just a few configurations. Simple fraud rules allow the system to be customized to each merchant’s individual needs.|
|Real-time and highly efficient||All transactions are analyzed and given a score in real-time. Suspicious orders are identified, while our technology avoids false positives to a minimum, thus achieving higher approval rates than traditional anti-fraud systems.|
|Compatible||PagShield can be combined with your existing anti-fraud solution providing additional fraud scoring information.|
|Cost effective||PagBrasil customers benefit from a highly efficient anti-fraud solution for a fair cost per transaction charge. Setup and configuration is free. No contractual obligations in duration or volume.|
PagShield provides the best efficiency and return on investment for small as well as for large merchants.
Contact us to get started!