Reduce Chargebacks, Enhance Trust: Empower Your Business with Advanced Fraud Detection and Streamlined Dispute Management Solutions.
Streamline your payment processes, reduce financial risks, and enhance client trust with our comprehensive chargeback and fraud solutions.
Large-ticket, recurring B2B payments attract fraudsters and disputed invoices, creating disproportionate financial risk, network fines, and damaged partner trust.
Multiple buyers, long sales cycles, and custom contracts make evidence gathering and deadline management labor-intensive for finance and risk teams.
Legacy tools silo acquirer, gateway, and ERP data, leaving analysts blind to cross-channel signals that could pre-empt fraudulent transactions.
Generic descriptors on consolidated statements cause AP teams to flag legitimate charges, escalating avoidable chargebacks and straining client relationships.
Streamline B2B payments, reduce chargebacks, and enhance fraud prevention with FraudNet's comprehensive solutions.
We don’t just promise better fraud control—we deliver tangible improvements that protect your business.
Approve more valid transactions confidently.
Experience double-digit reductions in fraud-related chargebacks
Save time and resources while securing your revenue.
With an integrated platform designed for precision, agility, and impactful results, enabling your team to make smarter decisions, improve operational efficiency, and fuel your business growth.
No-code rules engine, flexible dashboards, and tailor-made machine learning models that are designed to adapt seamlessly and scale alongside your business.
Unify fraud detection, compliance, and risk management into one powerful solution, saving valuable time and streamlining your operations.
Reduce false positives, detect and prevent more fraud, and mitigate risk with highly accurate, real-time risk scoring and anomaly detection you can trust.
Leverage advanced analytics, comprehensive reporting, and our Global Anti-Fraud Network to make faster, smarter decisions on the spot.
A chargeback in B2B payments occurs when a buyer disputes a transaction, prompting their bank to reverse the payment. This can happen due to various reasons such as unauthorized transactions, non-receipt of goods/services, or dissatisfaction with the product. Chargebacks can be costly and time-consuming for businesses, impacting cash flow and customer relationships, making it crucial to implement effective chargeback reduction strategies.
B2B companies can reduce chargebacks by implementing clear communication and documentation practices, ensuring accurate billing, and using fraud detection tools to verify transactions. It's also essential to provide excellent customer service and resolve issues promptly. Offering multiple secure payment methods and maintaining transparent terms and conditions can further minimize the risk of chargebacks, fostering trust and reducing disputes.
Transaction documentation is crucial in chargeback reduction as it provides evidence to support the validity of a transaction. Detailed records, including invoices, delivery confirmations, and communication logs, can help dispute chargeback claims effectively. Accurate documentation ensures transparency and can quickly resolve misunderstandings, reducing the likelihood of chargebacks and strengthening the business relationship between parties.
A clear refund policy is vital as it sets customer expectations and provides guidelines for resolving disputes amicably without escalating to chargebacks. It outlines the conditions under which refunds are granted, the process for requesting them, and any applicable timeframes. By proactively addressing potential issues, businesses can enhance customer satisfaction, reduce chargeback occurrences, and maintain positive relationships with their clients.
Fraud detection software helps in chargeback reduction by identifying potentially fraudulent transactions before they are processed. It analyzes patterns and anomalies in transaction data to flag suspicious activities, allowing businesses to take preventive measures. By reducing fraudulent charges, companies can decrease the number of chargebacks, safeguarding their revenue and maintaining trust with their clients.
Chargebacks can significantly impact a B2B company's reputation, as frequent disputes may indicate poor service or unreliable products. This can lead to a loss of trust among existing and potential clients, damaging business relationships and affecting future sales. By managing chargebacks effectively and ensuring customer satisfaction, companies can enhance their reputation, demonstrating reliability and commitment to quality service.