International Payment Risk

Whenever you bring payment risk into a conversation you need to balance the need to prevent fraud with your desired sales conversion. Internationally, purchasing patterns differ depending on the country and payment type. You may need to tweak some of your parameters including address verification systems (AVS) and card authentication tools.

There are three categories payment risk falls under:

1. Credit – the risk that a customer will not have sufficient funds

2. Fraud – the risk that payments are accepted with deceptive information

3. Repudiation – the risk that a customer does not honor their payment (charge-backs)

It is best to work with a payment specialist that understands the global market when deploying your payment solution. Many markets are still fragmented and a misstep while navigating the global payment marketplace can set you back several months.