iovation Helps Online Gambling Site Reduce Credit Card Fraud by 10%

With credit card chargebacks claiming more than 10% of its total deposits, a leading Internet gambling company turned to iovation to get a handle on fraud, which equated to roughly 20% of the company’s gross revenues.  After implementing iovation’s ReputationManager™ fraud management service, the online gambling site’s chargeback rates dropped below 0.43%. Learn how iovation helped the iGambling site reduce fraudulent activities such as chargebacks, collusion, and money laundering while simultaneously improve operational efficiency in its fraud management process and increase its business profits.

 

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