June 20, 2014

How to Protect Yourself Against Fraud with Amazon

As eCommerce businesses expand, so does eCommerce frauds. Every year, millions of dollars are lost due to cyber-attacks and identity thefts. Consequently, when eCommerce industry is expanding more than 20% every year, it becomes all the more important for eCommerce merchants to protect themselves and their customers against any type of fraud. Amazon, one of the most influencing eCommerce platforms, offers highly advanced fraud detection technology that helps you get rid of cyber frauds while keeping your business safe and sound.

Designed with multiple layers of security, Amazon’s fraud detection technology offers sophisticated industrialized authentication procedures and guides to help eCommerce merchants protect themselves against number of risks and threats. Amazon’s highly advanced security system calculates thousands of individual risk indicators per order and leverages refined machine learning procedures to recognize orders that have to be stopped. It calculates probabilities of fraud in milliseconds, and stops the transactions that need to be.

The features offered by Amazon’s fraud detection technology include:

  • Secure Socket Layer (SSL) encryption to protect financial data and personal information of customers
  • Reliable and secure payment processing gateway
  • A-to-Z Guarantee for appropriate purchases
  • Regular updates to security features for the most up-to-date fraud detection capabilities
What do you gain through Amazon’s fraud detection capabilities?
  • Enhanced customer satisfaction: When customers are offered Amazon’s A-to-Z Guarantee, they make purchases on your store with full confidence, which in turn enhances their shopping experience.
  • Hassle-free business operations: By leveraging Amazon’s infrastructure, you can reduce your operational costs that you otherwise would have spent to protect yourself against frauds.
  • SSL encryption: Through Amazon’s SSL encryption features, you can safeguard yourself against the loss of financial data as well as customer data.
  • Latest technology: Amazon will offer you updates throughout your term on their platform free of cost. Consequently, you will always have access to highly sophisticated tools and features to secure your business.
Want to know what more you can do? Contact us.

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