Retail & eCommerce
Strengthen your eCommerce and retail business with secure payments, customer trust, and reduced fraud.
Each year, fewer and fewer people are shopping in physical stores. The rapid growth of eCommerce and Pay-by-Bank, has brought convenience to consumers but also heightened the risks of fraud and payment failures. As more transactions move online, businesses face significant challenges with identity theft, fraudulent purchases, chargebacks, and inaccurate bank account details. These issues not only lead to financial losses but also damage customer trust, creating friction in the checkout process and causing potential customer abandonment.
ValidiFI provides retail and eCommerce solutions to ensure that application processes and transactions involve legitimate customers and verified accounts, reducing the risk of fraud and financial losses while delivering a seamless, secure customer experience.
How ValidiFI delivers intelligence for Retail and Ecommerce
Validate
Bank Accounts
Reduce
Losses
More
Competitive Offers
Enhance
Customer Experience
Access
Predictive Data
Detect and Prevent
Fraud
Who we serve
- Traditional Retailers - Streamline Pay-by-Bank enrollments with consumer choice
- Online Marketplaces - Validate customer bank accounts and payment methods in real time, minimizing chargebacks and failed transactions
- Subscription Services - Verify the ACH capability and balance of customer accounts, ensuring that recurring payments are processed smoothly
- Omni-Channel Retail - Ensure a consistent and secure experience for customers whether they shop in-store or online
Solutions for Retail and Ecommerce
vIndex™
Evaluate financial institutions for increased chance of risk before accepting consumer payments
vAccount™
Our vAccount suite offers scalable account validation for compliance, risk mitigation, and ownership verification
vCredit®
Predictive credit risk score and attributes, leveraging proprietary bank account and payment intelligence
vFraud®
Detect high-risk bank accounts, phone numbers, and emails to prevent fake accounts and fraudulent transactions
vConnect®
Access cash-flow underwriting and consumer-permissioned transactional data from users’ bank accounts
vInsights™
Categorization and cashflow underwriting report to enhance affordability and risk evaluation
Related resources
![[OLA Member]](https://validifi.com/wp-content/uploads/2024/06/seal.png)
![[Nacha Preferred Partner]](https://validifi.com/wp-content/uploads/2024/06/Frame-63.png){kind=small}