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Credit card fraud detection

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AlgoCharge offers a web-based fraud management system that assists in credit card fraud detection & prevention with Geo-based filters. The system provides various levels of fraud protection to enhance acceptance rate & reduce the risk of charge-backs.

Published in: Economy & Finance, Business
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Credit card fraud detection

  1. 1. Increase the Acceptance Rate by Implementing Fraud Management SystemsThe system for credit card fraud detection that is put inplace will not even accept a simple discrepancy. When theprocess is undertaken, people will be required to be verycareful with their transactions. In many cases, it has beenseen that due to absence of fraud management, thehackers or unscrupulous elements tend to supply wrongidentification and credit card numbers and helpthemselves with the money.

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