Kount and Chargebacks911 Integrate to Help Merchants
Kount is among the top innovators of solutions for fraud and security management within the industry today, and it has some news in the fortification of their system via an integration with Chargebacks911.
Chargebacks911, known on the global stage as a leader for risk mitigation, recently announced this integration of Kount Complete.
The integration will offer some necessary features for both third-party fraud prevention and back-end friendly fraud. This will serve to help Kount and Chargebacks911’s collective merchant customers securely boost revenue and sales while cutting out the change of the damaging, and expensive impact of fraud and chargebacks.
Merchants’ chargeback-related expenses increased in 2016 and are slated to double this year, pointing out the need for services specifically geared for mitigating such charges. Kount, with the help of Chargebacks911 are excited to be ahead of the curve in regards to this type of technology. The pursuit of protecting merchants against “friendly fraud” and enabling customers to boost bottom lines and grow business is the name of the game as far as the two are concerned.
“Kount’s new partnership with Chargebacks911 gives merchants access to two industry leaders that are offering solutions for the rapidly growing chargeback problem,” said Rich Stuppy, COO, Kount. “Together these solutions will provide a powerful ROI for merchants while providing them the data and confidence needed to aggressively grow their businesses while reducing fraud.”
“We’re excited to be partnering with Kount to provide industry-leading fraud and chargeback prevention solutions,” said Monica Eaton-Cardone, COO at Chargebacks911. “Illegitimate chargebacks are increasing at an alarming rate every year and the burden of mitigation unnecessarily falls on merchants. Chargebacks911’s in-depth card scheme expertise and understanding of merchant processes combined with Kount’s best-of-class fraud prevention technology ease this burden off of financial institutions and merchants while ensuring and supporting business profitability.”