Covery’s chargeback protection is a ready-to-go solution that allows our customers to spend no time on third party integrations
Reduce false declines while improving fraud prevention models, opening acceptance, and creating better experiences.
Stop disputes from becoming chargebacks, do not exceed chargeback threshold, avoid costly fees and related spendings.
Get chargeback detection connected to a risk assessment platform that detects account takeovers, CNP, and friendly fraud before dispute claim.
Ensure responsiveness and chargeback defense of merchant while obtaining real-time prompt chargeback alerts.
Use required solutions which are easy to set up without any need of third-party, time-consuming integrations.
Increase customer satisfaction with easy refund processes and business operations optimization.
Customer sends a dispute transaction to issuing bank.
Issuing bank sends a chargeback fraud alert to Covery. Covery transfers fraud alert to merchant.
Merchant refunds questionable transaction and other connected transactions.
Issuing bank does not initiate chargeback, thus merchant chargeback statistics is not affected.
It gives your business a chance to not only eliminate chargebacks and detect fraud, but also recover lost revenues and improve customer experience
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