Samport

Case Study, Samport ZEUS - In July 2006 a company in the prepaid gift card industry went live, selling virtual gift cards to customers world wide. From October till December 2006 they suffered high rates of chargebacks due to card-not-present fraud and the trend was increasing. Around Christmas the Company signed a contract with Samport including fraud management and card processing. Samport identified some key problems and the Company introduced automatic risk rules accordingly. The fraudulent transactions dropped quickly during spring 2007. In March, the Company employed the Samport ZEUS fraud screening software. The company's chargebacks dropped further to a steady level of 0.2 - 0.3 per cent.

Read the Case Study here>>