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Project In Forter Fraud Prevention Platform
Forter is the leader in e-commerce fraud prevention, protecting over $150 billion in online commerce transactions for over 620 million consumers globally from credit card fraud, account takeover, identity theft, and more. The company’s identity-based fraud prevention solution detects fraudulent activity in real-time, throughout all online consumer experiences. Forter’s integrated fraud prevention platform is fed by its rapidly growing Global Merchant Network, underpinned by predictive fraud research and modeling, and the ability for customers to tailor the platform for their specific needs. As a result, Forter is trusted by Fortune 500 companies to deliver exceptional accuracy, smoother user experience and elevated sales at a much lower cost.
Forter’s Fraud Prevention Platform extension for Magento empowers merchants with the only enterprise-grade platform for managing fraud and abuse. The API based extension provides merchants with fully automated and highly accurate real-time approve/decline decisions, eliminating rules, scores, and manual reviews. The extension works by interacting mainly with the order and payment models in Magento, sending a transaction to Forter for validation to receive approval to invoice and capture, or declining which leads to canceling or further review. The configuration is flexible and certain merchants may adjust their store’s backend codebase.
Forter’s extension for Magento has no negative impacts on the merchant’s site. Each merchant will be able to run and operate their business, as usual, augmented by leveraging Forter’s exceptional accuracy which provides for smoother customer experience and elevated sales.
A merchant account with Forter is required to be able to use the services. This account should be created separately. Using Forter's fraud detection platform service involves separate pricing parameters which will be discussed upon further inquiry. For more details about the account and pricing please refer to Forter.com.
Screenshots for Forter Fraud Prevention Platform
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