Credorax: Releases chargeback protection tool
- Credorax is a smart payments provider and fully licensed bank providing cross-border processing for eCommerce and omnichannel payments
- Announced it upping the ante in the world of fraud protection and chargeback mitigation by launching a cutting-edge solution to preventing chargebacks
- Partnership with Ethoca (owned by Mastercard), the leading, a global provider of collaboration-based technology, and Verifi (a Visa solution)
- Merchants can now take control of their chargebacks by preventing chargebacks before they are initiated
- The unique solution seamlessly combines the ingenuity of machine learning intelligence and intuitive data analysis
- Depending on individual merchant needs and risk preferences, thresholds and rules management can be changed as and when necessary
