Leaders

High Performers

Contenders

Niche

Market Presence

Satisfaction

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G2 Grid® Scoring

E-commerce Fraud Protection Software Definition

E-commerce fraud protection software helps e-commerce businesses detect high-risk transactions and analyze risk factors to prevent and reduce fraudulent online behavior. Fraud protection software reduces e-commerce businesses’ exposure to fraudulent product orders and payments by applying algorithm-based analysis to assess the potential risk of each transaction. E-commerce businesses are particularly susceptible to fraud attempts when transactions are placed on unsecured websites or mobile devices.

E-commerce fraud protection software analyzes information from many sources before recommending approval or rejection of transactions. The software identifies anomalies and prevents potential chargebacks and lost revenue.

E-commerce fraud protection software integrates with e-commerce platforms, shopping cart software, and web security software.

To qualify for inclusion in the E-commerce Fraud Protection category, a product must:

• Provide algorithms to monitor for possible fraudulent or high-risk online activity
• Define rules to identify and analyze suspicious e-commerce purchasing behavior
• Include workflows to review, approve, or decline high-risk e-commerce transactions
• Comply with regulations to prevent online fraud and protect sensitive information
• Deliver reports and insights on reviewed transactions, chargebacks, and false declines

E-commerce Fraud Protection Grid® Scoring Description

• Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. Leaders include: ClearSale, Sift, Signifyd, NoFraud, Kount, SEON. Fraud Fighters, Ekata, IPQS, Eye4Fraud, Riskified, Forter, MaxMind minFraud®, Bolt, and Sumsub
• High Performing products have high customer Satisfaction scores and low Market Presence compared to the rest of the category. High Performers include: Fingerprint, Token of Trust, Xelix, SoftwareKey System, and PayMotion
• Contender products have relatively low customer Satisfaction scores and high Market Presence compared to the rest of the category. While they may have positive reviews, they do not have enough reviews to validate those ratings. Contenders include: Dynamics 365 Fraud Protection, Stripe Radar, TruValidate, Authorize.net, Digital River, SheerID, SAS Fraud, Anti-Money Laundering & Security Intelligence, Radial, and ID.me
• Niche products have relatively low Satisfaction scores and low Market Presence compared to the rest of the category. While they may have positive reviews, they do not have enough reviews to validate those ratings. Niche products include: Prove, Trulioo, Nethone, Fraud.net, Pipl, KeyCAPTCHA, and Outseer Fraud Manager