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In an increasingly online, increasingly cashless world, fraud has risen exponentially. In order to combat this shift, businesses must take a balanced approach to minimising fraud. That's where CMSPI comes in.
If your chargeback ratio goes too high, it has implications for authorizations. If your transactions aren't getting authorized, your customers experience unnecessary friction. CMSPI helps businesses take a calculated approach to fraud by identifying and resolving the issues caused by fraud rulesets that lead to chargebacks, claims, and identity mismatches.
CMSPI’s proprietary revenue optimisation and fraud resolution tool gives companies the insight needed to increase revenue while reducing fraud. By giving you full visibility into your approval and fraud rates, our tool gives you a single source of truth to identify and resolve broken links in your payments supply chain and reduce friction for your customers.
Just because a fraud provider works for one business, does not mean that it will be a fit for yours. Because each business has unique requirements and unique challenges when it comes to fraud, understanding which fraud provider is the best fit for your business requires an unbiased, tailored approach. CMSPI helps businesses objectively identify, evaluate, and select the right fraud provider for their unique payments ecosystem.
We believe that the accessibility of data provides the context needed to offer clarity and make your payments more productive.
AboutCMSPI’s involvement with Douglas’ payments optimisation journey has been invaluable. I really appreciate CMSPI’s way of providing my team with assistance on our #passionforpayment journey. Their huge database that is being used to find savings potentials and build up benchmarks, is consistently impressive.
In 2021, European retailers heard the news: Maestro, Mastercard’s pan-European debit brand, will be retired in July 2023.¹ From that date, Mastercard’s new European debit cards will instead be badged with Mastercard Debit, but the network change is already bringing more than merchants bargained for.
Elior, award-winning catering organisation based out of the UK, partnered with CMSPI to build a data-driven payments strategy designed to reduce costs and deliver innovative payment solutions that enhance the customer experience.
For many businesses across the world, network fees are just a jumble of often-unintelligible words that clutter every payments invoice. But those pesky line items are now one of the biggest challenges merchants face; in North America alone, retailers sunk an estimated $12.5bn into network fees last year.
