Imagine the high of receiving an alert that an exceptionally large Gift Card purchase was made from your store.
Now imagine the low of finding out that the Gift Cards were bought using a stolen credit card - and you’ll have to refund the money and accept the loss.
Now imagine the headaches and loss of your reputation if honest customers are harmed by purchasing your stolen (and now invalid) Gift Cards on the secondary market, or by having their balance used or bank account drained through a Gift Card data hack.
Fraud is a known and feared evil in the world of digital commerce, especially when it comes to Gift Cards. Using stolen credit cards is only one method of Gift Card fraud. Others involve taking advantage of data breaches with leaked gift card numbers, using the auto-load on Gift Cards to access customers’ bank accounts and jumping on programming loopholes to load more money than actually paid for.
GiftWizard prioritizes protecting our customers’ assets and profits. Our technologically innovative fraud protection system is designed to recognize potentially fraudulent purchasing patterns and provides proactive tools to stop it before it starts. Our strategic partnership with Visa reduces credit card fraud even further.
We watch out for our customers; our technology protects customer revenue at every turn.