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by reembs
2974 days ago
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Some companies today offer a fraud prevention solution which is covered, meaning they will pay the merchant for whatever fraud transaction that slipps through their systems. These companies employ pretty sophisticated methods as this is their core buisiness. I work at one such company, Forter. We take pride at the fact that we approve more than the others would, and we take complete financial responsibility for our mistakes so merchants just don't have to deal with it... |
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Do they compensate for lost business because of false positives? The problem is that even the wannabe seller cannot quantify it.
At several occasions I have not been able to order something online, because they would not accept my card.