Case Study: Large Enterprise Consumer Services Company reduces fraud and chargebacks with Verifi CDRN

A Large Enterprise Consumer Services Merchant Reduced Fraud, Friendly Fraud AND Realized ROI within two weeks of Implementation of CDRN

Large Enterprise Consumer Services, a large enterprise consumer services merchant, turned to Verifi for help reducing fraud, friendly fraud, and chargebacks. The company also wanted to cut down on internal staff time spent managing chargebacks, and valued Verifi CDRN’s coverage of both fraud and non-fraud reason codes.

Verifi implemented Cardholder Dispute Resolution Network (CDRN), a closed-loop dispute resolution solution integrated with major banks. The merchant reported the solution was straightforward to implement, with support and ease of use exceeding expectations, and saw benefits within the first 2 weeks; Verifi also positioned the product as capable of delivering ROI in 30 days or less.