Protect your business from scammers with WaaveSonar
Mariana
Last Update 7 maanden geleden
WAAVE has launched a new product called WaaveSonar. This innovative tool is designed to protect your online store from fraudsters who target alternative product sellers online.
With WaaveSonar, you will have additional tools to make your own risk decisions before shipping suspicious orders.
How does it work?
It is an anti-fraud tool that checks over 35 parameters to detect fraudulent activities. It uses industry-specific information such as compromised shipping addresses to identify potential risks. The system learns from past transactions and generates alerts when patterns are identified. If there is an increased risk on a specific transaction, the payment will be blocked, and the buyer's account will be red-flagged for review.
Tailored for Alternative Product Sellers
It is designed specifically for merchants who sell Kratom, CBD, Seeds, and other alternative products compliant with WAAVE’s regulations. While it is impossible to stop all fraud in e-commerce, this unique tool provides an added layer of protection for merchants in these industries. WaaveSonar uses the information generated by the entire WAAVE network to protect all merchants processing payments with WaaveComplete and WaaveCheckout.
Which are the benefits of this tool?
- Protection against fraudulent online activities.
- Reduced chargebacks.
- Enhanced customer trust and loyalty.
- Improved business operations.
How much does it cost?
WaaveSonar has no extra costs. This program is included with your WaaveCompliance subscription and it is free to use for all WAAVE Merchants.