Paygilant Solution For Retail
Retailers are constantly adapting to customers’ demand for convenient online shopping services. The rapid increase in online and mobile transactions leads to high fraud losses, chargebacks and costly manual reviews. In addition, retailers need to provide a friction free user experience in order to avoid cart abandonment.
Paygilant enables retailers to be one-step ahead of fraudsters’ – stopping them in their tracks without interrupting the customers’ journey, assuring them a frictionless checkout experience.
Preventing Digital Retail Fraud Using Layered Security (Including Behavioral Biometrics)
Paygilant prevents fraud before it occurs. By utilizing a layered security methodology that includes device fingerprinting, behavioral biometrics and transaction analysis, Paygilant achieves superior accuracy which significantly reduces false positives and enhances the conversion rate.
- Complies with PSD2 strong customer authentication (SCA)
- Increase customer loyalty while decreasing fraud losses
- Detect sophisticated fraud before the transaction occurs
- Lower cart abandonment by removing the need for step-up authentication
- Reduce the need for costly manual reviews with improved accuracy
- Contend multiple uses cases with one solution
- Easy integration using a light-weight SDK solution
- Designed for retailers whose focus is mobile payments
Every step in the user’s journey is an opportunity for a fraudster to commit fraud. Often fraud occurs way before the user completes a transaction.
Paygilant protects the user at multiple checkpoints to determine if a criminal activity is occurring and stops fraud long before the actual transaction occurs.