Introduction

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Preview

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Understanding Fraud in Digital Payments

Fraud is a persistent and evolving threat in the world of digital payments. As more customers transact online, fraudsters employ sophisticated techniques to exploit vulnerabilities in payment flows, targeting businesses of all sizes. Common forms of payment fraud include stolen card usage, identity theft, account takeovers, and manipulation of payment information. The impact of fraud goes beyond financial loss—it can erode customer trust, damage brand reputation, and result in increased operational costs.

To effectively combat fraud, businesses must strike a balance between robust security measures and a seamless customer experience. This involves not only detecting suspicious activity but also minimizing friction for legitimate transactions. Modern fraud prevention relies on advanced technologies such as machine learning, real-time risk analysis, and customizable decision engines that adapt to emerging threats.

Paymongo FraudDetector

Paymongo FraudDetector (FD) delivers comprehensive, real-time fraud detection and management tool designed for fast-growing businesses. With instant risk scoring powered by advanced machine learning, every transaction receives a score from 0 to 1000, helping you make informed decisions at a glance.

Paymongo FD’s flexible rules engine empowers your team to define custom conditions for automatic transaction approval or blocking—whether it’s based on risk scores, card origins, or other factors. This means you can tailor fraud prevention to your unique business needs, reducing manual effort and streamlining operations.

The fraud team dashboard offers a centralized view of risk activity, giving teams the tools to review flagged transactions, understand risk drivers, and reverse decisions with confidence. Dive deeper with intelligent insights and analytics, uncovering fraud trends and optimizing your strategy over time.

Paymongo FD ensures robust protection across your entire transaction flow and supports the following payment methods:

• cards
• e-wallets like GCash, PayMaya, GrabPay
• others (coming soon)

Paymongo FD is ready to safeguard your business against emerging threats while keeping your payments seamless and secure.