NoFraud Overview

NoFraud is the leader in eCommerce fraud prevention and revenue protection. Chargebacks are eliminated while more orders are approved.

Here's the scoop on NoFraud! We've gathered over 41 insights from folks who use it, and know it inside out—from peer reviews to customer testimonials and expert opinions. We included citations from these sources so you can read the full content at the original source if you wish.

NoFraud, belong to a category of solutions that help Security. Each of them excels in different abilities. Therefore, determining the best platform for your business will depend on your specific needs and requirements.

Do you need to check if NoFraud is right for your needs? Our Cuspera AI engine can evaluate how NoFraud fits your specific business needs, industry, and context. Get your personalized assessment report today.

NoFraud supports business activities such as:

  • Onboarding
  • Sales Review & Feedback
  • Contract Management

NoFraud can help you with many business goals, such as Grow Market Share.

NoFraud Information Technology and Services Vertical is its biggest customer base.

Reviews

"...Their team developed an advanced algorithm designed to virtually eliminate false positives, manual review and significantly reduce charge backs...." Peer review from Featured Customers

NoFraud Reviews

11 buyers and buying teams have used Cuspera to assess how well NoFraud solved their Security needs. Cuspera uses 41 insights from these buyers along with peer reviews, customer case studies, testimonials, expert blogs and vendor provided installation data to help you assess the fit for your specific Security needs.

Business Priorities

Grow Market Share is the most popular business priority peers achieved using NoFraud.

Use Cases

Peers recommend Onboarding , Sales Review & Feedback , Contract Management , as the business use cases that they have been most satisfied while using NoFraud.

Customer Stories

AutoPets - Consumer Goods

NoFraud helped AutoPets stop losing money to chargebacks and manual reviews. AutoPets used to lose $7,500 a month to chargebacks and spent 40 hours a week on manual order checks. After using NoFraud,... chargebacks became rare and order acceptance went up by 8.9%. AutoPets gained $21,000 in extra monthly revenue and saved 120 hours of labor each month. NoFraud approved 84% of orders that AutoPets' old system would have declined.

Hak5 - Computer & Network Security

NoFraud helped Hak5 reduce fraud and chargebacks in their online store. Hak5 struggled with manual fraud reviews and false declines, which hurt sales and customer experience. Their first automated so...lution, Signifyd, caused low approval rates and customer frustration. Switching to NoFraud provided a fully automated system with merchant control and responsive support. Hak5 saw a 55% drop in chargebacks, a 40% decrease in decline rate, and integrated NoFraud in just 1 hour.

Raycon - Consumer Electronics

NoFraud helped Raycon block over $200,000 in fraudulent orders in just one week. Raycon faced a surge in returns fraud after launching a new earbud product, with fraudsters exploiting the returns pro...cess. NoFraud's team quickly identified the trend and worked with Raycon to secure their backend the same day. This rapid response saved Raycon hundreds of thousands of dollars. Raycon also saw a 1.36% increase in approval rate by revenue and a $36,000 monthly revenue boost.

Monoprice - Consumer Electronics

NoFraud helped Monoprice improve their fraud detection process. Monoprice faced lost revenue from overly strict fraud rules, slow manual reviews, and high chargeback losses. NoFraud provided an autom...ated fraud prevention solution. Monoprice saw $1.2 million in extra revenue each year. Order declines from suspected fraud dropped by 78%. Orders needing review fell by 72%. Monoprice now has zero fraud liability.

Griot's Garage - Automotive

NoFraud helped Griot's Garage stop fraud and save time. The company used to spend over 500 hours each quarter on manual fraud review. NoFraud automated fraud detection, approving 99.75% of orders ins...tantly. Griot's Garage lost $0 to fraudulent chargebacks after using NoFraud. The team no longer needs to train staff for fraud detection. Now, they focus on growing their business and serving customers.

TruTech Tools - Consumer Electronics

NoFraud helped TruTech Tools stop fraud and save time. TruTech Tools sells precision tools for HVAC technicians and sensitive camera equipment. They faced advanced fraud attempts and their old system..., Kount, was hard to use and took up management time. NoFraud made fraud detection easier and faster, with a ticket review system that can resolve issues in under two hours. TruTech Tools eliminated over 30 hours per month of manual review. Sales managers say NoFraud took away the pain of order reviews and let them focus on growing the business.

Based on peer insights

Cuspera recommends NoFraud for

Use Cases Onboarding , Sales Review & Feedback , Contract Management
Business Priority Grow Market Share
Industries Information Technology And Services

Popular Business Setting

for NoFraud

Top Industries

  • Information Technology and Services

Popular in

  • Small Business

IT and Other Capabilities

for NoFraud

  • Low
  • Medium
  • High
CAPABILITIES (DATA) RATINGS AND REVIEWS
Data Import

4.31/5 ★

Read Reviews (5)
Data Export

4.23/5 ★

Read Reviews (5)
CAPABILITIES (DATA) RATINGS AND REVIEWS
Data Import

4.31/5 ★

Read Reviews (5)
Data Export

4.23/5 ★

Read Reviews (5)
CAPABILITIES (SUPPORT) RATINGS AND REVIEWS
24/7 Support

4.61/5 ★

Read Reviews (11)
CAPABILITIES (SUPPORT) RATINGS AND REVIEWS
24/7 Support

4.61/5 ★

Read Reviews (11)
CAPABILITIES (OTHER) RATINGS AND REVIEWS
Custom Reports

3.73/5 ★

Read Reviews (2)
CAPABILITIES (OTHER) RATINGS AND REVIEWS
Custom Reports

3.73/5 ★

Read Reviews (2)

Software Failure Risk Guidance

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for NoFraud

Top Failure Risks for NoFraud

Vendor Profile Details

Company Name

NoFraud, LLC

Company Website

https://www.nofraud.com/

HQ Location

One World Trade Center, 77 Floor Suite D, New York, NY 10007

Employees

51-100

Social

Financials

PRIVATE