Case Study: Raycon Blocks $200,000 in Fraud with NoFraud

How Raycon Blocked More Than $200,000 in Fraud with NoFraud

Raycon, the fast-growing D2C consumer electronics brand, needed to keep fraud under control as it scaled, especially around new product launches and changing business operations. Raycon was already using NoFraud, a fraud prevention solution, and relied on it to help monitor risk and protect orders from fraud attempts.

With NoFraud’s technology and customer success support, Raycon quickly responded to a major returns-fraud attack and secured its backend infrastructure the same day. NoFraud helped Raycon block more than $200,000 in fraudulent orders in a week, increase approval rate by 1.36%, and drive an estimated $36,000 in additional monthly revenue, while also serving as a strategic partner on future fraud prevention decisions.

Raycon

Jim Schreiber

Vice President of Operations