FraudLabs Pro Introduces User Transaction Overview to Combat E-commerce Fraud

SARASOTA, Fla. - Aug. 12, 2024 - PRLog -- FraudLabs Pro, a leading provider of fraud prevention solutions, today announced the launch of its new feature, User Transaction Overview. This innovative tool provides merchants with a comprehensive view of a user's transaction history, enabling them to identify and prevent fraudulent activities effectively.

In today's rapidly evolving digital landscape, e-commerce fraud poses a significant threat to businesses of all sizes. By offering a comprehensive analysis of a user's transaction history, recent activity, and geolocation, the User Transaction Overview empowers merchants to make informed decisions and protect their bottom line.

Key Features of the User Transaction Overview:

Transaction History

This feature provides merchants with a chronological record of all transactions made by a user over the past year. By analyzing this data, merchants can identify patterns and behaviors that might indicate fraudulent activity.

Recent Transaction

A spotlight on the most recent transaction for quick verification. This is particularly useful for merchants to verify the details of a current order quickly. If a recent transaction appears suspicious, merchants can take immediate action, such as holding the order for further verification.

Geolocation by IP Address

By tracking the user's IP address, merchants can determine the geographical location from which the transaction was made. This information is crucial for detecting discrepancies between the user's claimed location and their actual location.

Benefits of User Transaction Overview

By analyzing these insights, merchants can:

Identify Unusual Patterns

Merchants can quickly identify suspicious patterns, such as sudden spikes in transaction volume or discrepancies between the user's claimed location and their IP address.

Reduce Chargebacks

This new feature helps merchants spot and stop fraud before it happens, cutting down on chargebacks and protecting their reputation.

The User Transaction Overview is available to all FraudLabs Pro merchants on the Small plan and above. To learn more about this feature and how it can benefit your business, please visit https://www.fraudlabspro.com/resources/tutorials/what-is-....