Dynamics 365 Fraud Protection – Purchase Protection is a solution designed to safeguard online transactions and purchases against fraudulent activities. By utilizing real-time data analysis and machine learning, it helps prevent chargebacks, false declines, and other forms of purchase-related fraud, ensuring secure and reliable transactions for both businesses and customers.
Key Features
- Fraud Detection for Purchases
Analyzes transaction data in real time to detect suspicious activities related to purchases, helping to identify fraudulent transactions before they are processed. - Machine Learning-Based Insights
Uses machine learning models to continuously improve fraud detection by analyzing past transactions and identifying patterns that indicate potential fraud. - Chargeback Prevention
Minimizes the risk of chargebacks by preventing fraudulent purchases from being processed, protecting businesses from financial losses due to fraud. - Real-Time Decisioning
Makes real-time decisions on whether a transaction is legitimate or potentially fraudulent, ensuring that only valid purchases are approved. - Risk Scoring
Assigns risk scores to purchases based on various factors such as location, behavior, and payment methods, helping businesses make informed decisions about which transactions to approve. - Integration with Other Dynamics 365 Solutions
Integrates seamlessly with other Dynamics 365 applications, such as Commerce and Finance, to provide a unified approach to fraud prevention and transaction security.
Benefits
- Reduced Fraud Losses
Helps prevent fraudulent purchases, significantly reducing financial losses due to chargebacks and fraudulent transactions. - Improved Customer Experience
Reduces the likelihood of false declines by accurately identifying legitimate transactions, improving the customer experience and satisfaction. - Enhanced Security
Provides businesses with robust protection against fraud, ensuring that only legitimate purchases are processed and reducing the risk of financial and reputational damage. - Operational Efficiency
Automates fraud detection and decision-making, reducing the need for manual intervention and streamlining the purchase approval process. - Scalable and Adaptable
Adapts to businesses of all sizes, providing scalable fraud protection that can grow with the organization and its evolving transaction needs.
Note: Dynamics 365 Fraud Protection – Purchase Protection is ideal for businesses looking to safeguard their online transactions and protect themselves from the financial impact of fraudulent purchases.
