Raise Cuts Chargebacks 45% and Nearly Ends Manual Fraud Reviews

Gift card exchange Raise cut its chargeback rate by 45%, from 0.53% to 0.29%, and reduced the share of orders needing manual review from as much as 18% to 0.25%, fraud platform Sardine said in a customer case study. Gift card marketplaces carry two costs that pull against each other. Fraudulent orders produce losses and […] The post Raise Cuts Chargebacks 45% and Nearly Ends Manual Fraud Reviews appeared first on PYMNTS.com.