Fraud Score Checker

A Fraud Score Checker or risk scoring) is a metric that measures the probability of a fraudulent transaction. It takes into account a number of different factors, including the billing and shipping addresses, whether a device is used to access an ecommerce site, and whether the individual is using a virtual private network (VPN). Using this information, the software can determine which transactions are high-risk or not, and take appropriate action.

Typically, the higher the fraud score is, the more likely the company will reject the transaction. This is especially useful for businesses that deal with large amounts of money, such as crypto exchanges or iGaming operators. The score can also help them avoid chargebacks and prevent money laundering by preventing fake account creation and stopping identity theft, without increasing the burden on legitimate users.

Fraud Score Checker: Protecting Your Business from Risk

Many free and paid services offer an IP fraud check, but the quality varies. The best fraud scoring tools provide unbiased, objective scores that aren’t colored by subjective impressions. Some may also add a layer of dynamic authentication that prompts customers to submit selfie IDs or other forms of verification.

The best fraud scoring solutions allow you to set rules based on the specifics of your business. For example, you can make rules that are more lenient on high-value purchases, or for a certain type of product or country. This flexibility gives you control over how aggressively you mitigate the risk of fraud, so you can find the right balance between protecting your business and offering a good customer experience.…