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Payment OptimizationForter

Enhance Payment Decisions to Boost Conversions and Ensure PSD2 Compliance.

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Product details

Overview: Forter's Payment Optimization solution is designed to enhance payment decisions, aiming to improve conversion rates, reduce chargeback liability, and maintain compliance with the Payment Services Directive 2 (PSD2).

Features and Capabilities:

  • Increase Authorization Rates: Forter leverages its partnerships with banks to build trust with issuers and card networks, reducing false declines and approving more legitimate transactions.
  • Approve Borderline Transactions: Utilizing intelligent decisioning, Forter's Smart 3DS feature helps approve transactions that might otherwise be declined, thereby increasing conversions and revenue.
  • Shift Chargeback Liability: Smart 3DS intelligently routes transactions through a frictionless 3DS experience, enabling merchants to benefit from a significant chargeback liability shift, protecting revenue while maximizing authorization rates.
  • Optimize Conversions Under PSD2 Regulation: Forter's PSD2 solution streamlines transactions to minimize friction, reduce cart abandonment, and maximize conversions, ensuring full compliance with PSD2 regulations.