PayByCash Merchant Benefits: Paxguard Fraud Protection

Paxguard™: PayByCash's Proven Fraud Prevention System

PaxGuard is a proven fraud prevention solution that improves upon traditional fraud prevention methods by automatically and transparently gathering information from multiple sources and transforming that information into actionable intelligence, allowing us to make accurate decisions about accepting payments. The rules we apply are customizable to your specification, with a robust feature set that tailors our behavior to your business needs.

Fraud Evaluation Engine: the heart of the system
Our fraud evaluation engine pores over current and historical information, notices changes in purchasing patterns, analyzes the transaction using multiple methods, and determines the fraud risk based on your risk-reach ratioall in a fraction of a second.

In addition to our proprietary algorithms and employment of 11 years of payment processing history and experience, PaxGuard incorporates a robust feature set that includes device fingerprinting, velocity throttling for customers and devices (computers), geo-location, circle-of-trust radius evaluation, and other techniques and technologies.

Maximize your profits.
PaxGuard reduces loss of product and revenues due to fraud and reduces the processing costs associated with fraud investigation without introducing costly manual reviews. It comes free as part of your PayByCash processing.

Never turn away customers.
With PaxGuard and PayByCash, you stop turning away high-risk customers. You gain the ability to convert those customers by accepting alternate forms of payment through PayByCash.

Proven track record of fraud prevention.
PaxGuard's core functionality evolved from PayByCash's eleven years of experience processing millions of online payments annually, under a business model where PayByCash does not pass chargeback fees on to the Merchant. Ours is the only service that's financially incented to protect you from fraud, and financially penalized if we don't. PaxGuard has reduced fraud rates for some merchants from spikes of 6%, 8% and even 20% to less than 0.5%. Many high risk merchants accept even high-risk payment methods through PayByCash while maintaining fraud rates below 0.2%.

Customizable fraud detection rules.
Every rule PaxGuard uses to evaluate fraud can be customized to meet your unique risk/reach ratio based on your experience with your customers. But best of all, you can simply let PayByCash manage this for you transparently. You get to focus on selling your products or your content; PayByCash handles your payments and fraud protection.

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