Forter’s Trust Platform vs. Payment Service Providers

Fraud prevention evolves quickly, choose a partner at the forefront of it.

Unlike payment providers, fraud prevention isn’t an add-on capability — it’s our core competency.

The world’s leading brands trust Forter

On average, enterprises that switch to Forter from a PSP fraud solution have experienced a 70% reduction in their false decline rate and a 76% reduction in their chargeback rate

What Separates Forter from Payment Service Provider Add-ons?

Identity-based decisions

As online behavior continues to increase in complexity, fighting fraud is most effective when making decisions based on identity. Fraudsters today can easily manipulate hard data attributes such as email or IP addresses to bypass the triggers of payment provider rules engines. However, it’s incredibly difficult for them to manipulate all the behavioral, device, location, and transaction data attributes that comprise their true online identity.

Independent dataset

Payment providers make decisions to accept or reject transactions based on their own data silo. Forter sees across platforms and time — we have the largest independent dataset of online identities — to bring more content and intelligence to every decision. Our superior accuracy translates to less fraud, more revenue, and better customer experiences.

Performance Guarantees

Unlike payment provider fraud solutions, Forter will guarantee your performance metrics contractually. As seasoned experts in fraud prevention, we stand by our ability to deliver superior results.

Five questions to ask a payment service platform

Forter’s answer: Whereas some providers score transactions, Forter uses a deep understanding of the identity behind an interaction to deliver a definitive decision

Forter’s answer: We’re happy to share data specific to your industry and to contractually guarantee results

Forter’s answer: Yes, we offer both types of agreements. We cover chargebacks. We offer uncovered agreements. And we allow our customers to move between these models over time

Forter’s answer: While payment providers apply 3DS to ALL transactions, we optimize how it’s used for authentication and have recaptured up to 74% of otherwise lost revenue for merchants

Forter’s answer: Forter aggregates all the information related to each claim and autofills representment templates and letters enabling your team to file claims faster and automate the chargeback recovery process

Don’t leave your fraud prevention to an add-on offering.

Join the network that has processed 3x more transaction value than our nearest competitor

“

When we compared different technologies, we realized that Forter was the best in the industry, from overall performance and accuracy to the experience it has helped us to deliver to our customers.”

Larry Luo, CEO

Trust Your Fraud Prevention to the Experts

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