Fraud prevention
When accepting payments on your Shopify store, you might have to deal with fraudulent transactions. A fraudulent transaction is a payment that isn't authorized by the actual cardholder and can result in a chargeback, that can cause you to lose money and incur fees. Bad actors use stolen credit card information or other deceptive methods to make unauthorized purchases that can impact your store's financial health and reputation.
Your Shopify store provides you with information and tools, for example, Fraud analysis, to help you review and prevent potential fraudulent activity, such as Fraud analysis.
Understanding how to identify and respond to fraudulent transactions is essential for protecting your business. This guide outlines how to use the information and tools available to manually review high-risk orders before processing a payment, giving you more control over which transactions you accept.