FraudLabs Pro — Chargeback Prevention
FraudLabs Pro: Transaction Shielding and Risk Rule Automation
FraudLabs Pro has established itself as an essential solution for iGaming operators seeking granular control over their transactions to prevent chargebacks due to fraud. Its system works by analyzing multiple factors such as geographic location, use of proxies, email profiles, and credit card reputation in milliseconds. This capability allows gaming platforms to set up customized validation rules that automatically block high-risk deposits, drastically reducing the likelihood of receiving a subsequent bank dispute for unauthorized transactions.
Reduction of operational burden and real-time identity validation
What gives FraudLabs Pro a competitive edge in chargeback prevention is its ability to integrate with identity validation tools such as SMS and emails. By requiring an extra layer of verification for profiles flagged by the system as suspicious, the operator can confirm the legitimacy of the player before processing the payment. This proactive approach not only protects the company's financial balance but also provides solid evidence of user participation that is crucial in case of having to represent a chargeback to the acquiring bank.
| Founded | 2005 |
|---|---|
| HQ | Penang, Malasia |
| Country | Malasia |
| Licenses | PCI-DSS, UE |
| Web | https://www.fraudlabspro.com |