New York, NY, January 31, 2013 --(PR.com
)-- Subuno, a provider of e-commerce fraud prevention solutions, announced the release of Subuno’s fraud prevention SaaS platform in the Shopify App Store to help merchants fight online credit card fraud. Subuno’s fraud prevention app complements existing risk assessment tools provided by Shopify and gives merchants the added ability to automate their order screening.
“Shopify’s risk assessment tools provide very valuable information so we wanted to help merchants use that in a more automated fashion as well as give them access to additional tools,” said Ed Lin, co-founder of Subuno.
With Subuno’s fraud prevention app, Shopify stores can automatically flag or cancel orders based on over 50 different filters such as high risk shipping countries, AVS response codes, high risk IP addresses, and BIN mismatches. Merchants who want to manually review suspect orders can use Subuno’s Review Dashboard that aggregates over fifteen different fraud screening and order validation tools on the same page. With Subuno, merchants can review orders and make informed decisions more efficiently and effectively. In addition, stores owners can increase order acceptance rate, thus overall revenue, by capturing suspect-looking orders validated through Subuno.
During the beta period, Shopify stores using Subuno on average have seen fraud losses reduced by 80% and increased recovered sales by 5%. Shopify stores can install the app and connect to Subuno in a matter of minutes without additional development needed. For more information on the app, please visit http://www.subuno.com/shopify-fraud-prevention.html.
Subuno is a provider of a fraud screening software-as-a-service (SaaS) platform that allows merchants to leverage and manage multiple fraud detection solutions and implement a multi-layered fraud screening approach. Without requiring technical knowledge, Subuno helps users easily automate their fraud screening flow and speed up the manual review process. For more information, please visit www.subuno.com.