Fraud tools that are straightforward and easy to implement.
Proven to prevent chargebacks based on fraud.
Used by over 50,000 customers in North America.
Encrypt confidential payment data
Bambora’s Tokenization service encrypts every piece of your customers' payment data into a single token that is stored on our PCI-Level 1 certified server. The encrypted token can then be used whenever your customers make a repeat purchase. By the way, it also provides a fantastic experience for your repeat customers.
Prevent fraudulent transactions
At checkout, if the address information supplied by a cardholder does not match what the card issuing bank has on file the transaction can be rejected, stopping fraud before it happens.
Ensure the transaction is legitimate
The verification number associated with Visa, MasterCard, Discover, and AMEX confirms the customer has the actual card on hand at the moment of purchase. If the CVV does not match or cannot be provided, the transaction can be rejected.
3D Secure is an additional layer of security from card brands
When the customer is ready to pay with their Visa, Mastercard, or AMEX, an algorithm is run to authenticate the cardholder. If the customer has been pre-approved by the card issuer and the transaction falls within the proper risk parameters, the transaction will be frictionless. If the algorithm senses a risk, the consumer has to authenticate themselves through a password. By using 3D Secure, you protect your business from illegitimate transactions, and possible chargebacks.
Block high risk transactions
Stop fraudulent transactions dead in their tracks by setting a Risk Threshold for your customers. Bambora can determine the risk by monitoring different variables within the transaction. If a transaction is assigned a risk score greater than the threshold, it is up to you to decide what happens. You can either set it up to get alerted for your approval or automatically decline it. By enabling risk thresholds for your customers, you can greatly decrease their risk of fraudulent transactions.
Reduce your PCI scope to SAQ-A
You can avoid rigorous PCI upkeep by using our gateway and product suite. You can store and transmit credit card information by using our PCI-Level 1 certified server, keeping both your customers' payment information safe and your business out of scope.
Will your tools prevent all chargebacks?
No, chargebacks are decided by the customer. Our tools will help you cover your bases and try to prevent any chargebacks based on fraud.
How do I access these fraud tools?
You can access the fraud tools once you are a customer and logged into the portal.
What can you tokenize?
You can tokenize pretty much anything! You can tokenize your customer’s profile, payment information, and other data strings like social security numbers.
Do you support network tokenization?
Network tokenization is at the card brand level. Bambora supports network tokenization when using Apple Pay.