Electronic Verification Systems reports decrease in credit card chargebacks seven months after launch of AssurePay solution
Revolutionary credit card identification tool enhances EVS fraud protection bundle
LOUISVILLE, Ky. , May 3, 2023 /PRNewswire/ -- Electronic Verification Systems (EVS) has seen a steady decrease in its client's chargebacks since the Oct. 2022 launch of AssurePay, a proactive solution that verifies consumer credit card information at the beginning of the payment process, instead of while it is being held for processing. AssurePay is the seventh fraud protection tool that EVS has launched on its platform, allowing brands to easily reduce false declines, fraud, and operating expenses while increasing trust in transactions with zero added friction.
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