By: AK Infinite
Epic Design Labs, founded by Kal Wiggins, specializes in reshaping how Small and Medium-sized Business (SMB) e-commerce brands thrive online. Their commitment is centered on constant incremental improvements.
In this digital age where everything is fast evolving, online fraud is just one of the many threats business owners and enterprises face.
Epic Design Labs addresses this critical issue with Epic Fraud Prevention, a powerful app designed specifically for BigCommerce stores to safeguard against fraudulent transactions and reduce chargebacks.
How It Works
Epic Fraud Prevention integrates seamlessly with BigCommerce stores and utilizes MaxMind’s advanced MinFraud service to assess the risk of each transaction in real time. This multifaceted approach ensures that e-commerce businesses can operate with enhanced security and efficiency.
Real-Time Fraud Scoring: As soon as an order is placed, the app queries the MinFraud API to obtain a risk score, which indicates the likelihood of fraud. This immediate assessment helps in making quick decisions about the transaction.
Threshold Setting: Merchants can set a custom risk score threshold. Orders above this threshold are flagged for manual review, while those below are processed automatically. This customizable feature allows businesses to tailor fraud prevention measures to their specific needs.
Streamlined Operations: By automatically filtering out low-risk orders, the app reduces the time and resources spent on manual reviews. This streamlining helps businesses focus more on growth rather than administrative tasks.
Epic Fraud Prevention is equipped with several key features designed to enhance security and efficiency for BigCommerce stores:
Risk Assessment: With the included MinFraud service, evaluate up to 300 orders per month. This comprehensive evaluation helps maintain transaction integrity.
Scalability: For stores with more than 300 monthly orders, the app allows easy integration of a MinFraud account by entering API keys on the ‘API Keys’ page. This scalability ensures that even high-volume stores can benefit from robust fraud prevention without incurring prohibitive costs.
User-Friendly Interface: The app includes a simple and intuitive dashboard where merchants can manage settings and review flagged orders. This ease of use ensures that even those with minimal technical expertise can effectively utilize the app.
Setting up Epic Fraud Prevention is straightforward:
Install the App: Add Epic Fraud Prevention to your BigCommerce store from the BigCommerce App Marketplace.
Configure Settings: Set your desired risk score threshold and, if necessary, integrate your MinFraud account for higher volume stores.
Start Protecting: With everything set up, your store is now equipped to automatically assess and manage the fraud risk.
Why Choose Epic Fraud Prevention?
Enhanced Security: Minimize the risk of fraud to protect your growth and customer trust. This protection is crucial to maintaining a reputable and reliable online presence.
Efficiency: Automate the screening process to focus more on growing your business. The time saved on manual reviews can be redirected toward strategic initiatives and customer engagement.
Flexibility: Tailor the app to your store’s specific needs and risk tolerance. This flexibility ensures that the fraud prevention measures are aligned with your business’s unique requirements.
In conclusion, safeguarding your online store with Epic Fraud Prevention is a smart solution for secure and efficient transaction processing. By integrating this app, BigCommerce merchants can enhance their security measures, reduce operational burdens, and focus on driving their e-commerce success. Epic Design Labs continues demonstrating its commitment to innovation and excellence, empowering SMB e-commerce brands to thrive in an increasingly competitive market.
Published by: Holy Minoza
