- | Payments and fraud prevention solutions - including payment processing, crypto currencies, security, shopping carts
- | Disruptive technology - includes AI, automation, Bitcoin, IoT, AR/VR voice
Fraugster is a payment security company that developed an AI technology, which helps online merchants maximize their revenues while reducing operational costs. Our main focus is fraud prevention and we serve clients across industries: from online retail and marketplaces to gaming and travel.
Our flagship product, FraudFree, is an outsourced service that offers chargeback protection. We cover the chargeback losses and fees, as well as drive revenue up. We are insured by Munich Re, the world’s largest reinsurer, and are the only company to offer chargeback protection with such backing. We’ve recently added FraudFree+, where on top of the chargeback protection we also guarantee revenue increase. This means that we pay you the difference if we don’t deliver our committed target.
Alternatively, we offer our AI technology to companies that wish to keep their in-house risk operations and manage the fraud by themselves. Fire, our AI-based risk management suite, combines sophisticated rule writing with AI scoring, to let you catch fraud most accurately while reducing false positives. Fire also enables you to comply with PSD2 requirements. You can dynamically route your traffic and raise smart exemptions, to ensure the highest acceptance rate.