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Fraud and Friendly Fraud Transaction Protection
Our software is designed to identify and prevent fraudulent transactions, falsely claimed by customers as "friendly fraud". We transfer responsibility from the merchant to the issuing bank.
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Reduction of Time Spent on Chargebacks
By proactively preventing fraud, the system significantly reduces the number of chargebacks, specifically disputes initiated by customers to reverse transactions.
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Focus on Business Growth
With fewer fraud-related distractions, businesses can concentrate on growth activities rather than managing fraud incidents. Protect your transactions and boost your business efficiency with our solutions.
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Key Benefits
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Protects Against Fraud Incidents
Robust fraud prevention safeguards your business from various types of fraud, including friendly fraud, securing up to 70% of at-risk transactions.
Saves Time and Resources
Reducing fraud and chargebacks frees up time and resources that would otherwise go toward dispute resolution and investigations.
Boosts Efficiency and Security
Reliable fraud prevention enhances overall business efficiency, enabling smoother and more secure operations.
“Working with Approvely was critical to the success of our brand. Their speed and dedication to our team and company during the challenging period were remarkable. We are extremely grateful to them. We have found a rare partner in the payments ecosystem who understands unique markets like ours, and we are excited about our partnership. Their platform, with its focus on secure transaction processing and advanced security features, is far superior to anything else we have seen.”
Sweepstake Operator
Operator | Sweepstake
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Frequently Asked Questions
Do you offer Instant Payouts?
Yes, we offer instant payouts, allowing you to send funds out of the account instantly via a debit card.
Do you offer ACH?
Yes, we offer ACH debits and credits, as well as the ability to set up recurring ACH payments if needed.
What does your platform look like? What can I access online?
Feel free to take a look at our platform here. You will be able to review chargebacks, submit tickets to our team 24/7, and review your account history, batches, and authorizations.
How are chargebacks handled?
Chargebacks are managed through our dashboard at approvelydashboard.com. Once a chargeback is filed, you will receive an email notification. You can then compile your response and upload the necessary documents directly within our dashboard.
Do you offer equipment if I need to process sales in person?
Yes! Absolutely. If your business requires terminals, we can supply them.
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