NoFraud

NoFraud is a transaction screening platform that returns an instant pass or fail decision and backs it with financial protection against fraudulent chargebacks. It serves online stores, was founded in 2014 and is based in New York.

What is included Listed products are Real-time Pass/Fail Fraud Decision, 100% Chargeback Protection, Managed Chargeback Representment and One-click Checkout. The company states that merchants do not need to write or tune rules themselves, and that ready-made plugins exist for all common CMS and gateways, which keeps the integration light.

Merchants and regions Target verticals are e-commerce, mid-market retail and B2B stores. The stated geography is the United States, Canada, the United Kingdom, the EU and Australia.

Pricing Pricing is a percentage of screened or approved transactions, so cost follows order volume. Because a chargeback guarantee shifts loss to the provider, merchants usually compare the percentage against their current fraud losses and manual review costs. Exclusions, eligible transaction types and the percentage itself are not given and should be confirmed with the company.