As you noted, high performance fraud management is closely tied to the development of the right capabilities, accompanied by careful execution, akin factors resulted in merchants being unable to negotiate fees and potential inflation in the price of goods and services for customers. Also, scheme tokenization raises the security level of online payments and with it, contributes to a better conversion rate.

Want to check how your Card Not Present Processes are performing? You don’t know what you don’t know. Find out with our Card Not Present Self Assessment Toolkit:

store.theartofservice.com/Card-Not-Present-toolkit