Case Study: Prezzee boosts approval rates by up to 70% with Sardine

Prezzee boosts approval rates by up to 70% with Sardine

Prezzee, a digital gifting platform, faced significant challenges during its global expansion. Their previous managed fraud service operated as a black box, leading to high false-positive decline rates, especially in new markets like the U.S. and U.K., which constrained growth. To improve approval rates without increasing fraud risk, Prezzee turned to the vendor Sardine and its Payments Fraud and Risk Management products.

By implementing Sardine's data-driven platform, Prezzee gained real-time visibility and granular control over fraud decisioning. The solution from Sardine led to substantial results, including an approval rate increase of up to 70% in new markets while maintaining card fraud rates at 50% below the industry average. This partnership enabled Prezzee to automate 90% of approvals and significantly reduce manual reviews, unlocking sustainable global growth.

Prezzee