Eliminate revenue leakage
False declines cost merchants $118 billion per year in lost transactions. With Bolt, you can rest assured that our fraud detection models are maximizing good order approval and reducing false positives. Our superior fraud detection is integrated into the checkout experience, enabling us to make decisions based on real-time signals.
Before Bolt, we had 1-2 people spending hours manually reviewing orders each day. Now, we’re able to focus on what we do best — providing customers with great products and excellent service — while trusting Bolt to take care of checkout, payments, and fraud. We’re thrilled about the results we’ve already seen on the Bolt platform.Drew Jacobson Operations Manager (Energy Conscious)
Because we own the checkout, our integrated fraud models can make decisions in real-time. In fact, we're so confident in our fraud models, we protect your bottom line with 100% fraudulent chargeback indemnification, so you can worry less about fraud.Learn More
We leverage advanced machine learning algorithms to provide online retailers with a stringent order review process that’s designed to help you avoid high-risk transactions but approve more good orders. Bolt’s three-part approach analyzes behavioral data from the shopper’s checkout session as well as transactional data from leading ecommerce platforms and chargeback data from payment processors to ensure each transaction is properly vetted for fraudulent activity.Learn More
Manually reviewing each order for fraud is cumbersome and costly. Outsourcing the fraud detection process to Bolt eliminates the need for a tedious order review process. This allows you to divert resources into other areas of your business -- like optimizing the customer journey on your site.
Turning away customers because of false declines can have a serious effect on your bottom line. Our order review process is designed to not only detect payment card fraud but also enhance the buyer experience by reducing customer dissatisfaction from false positives.
Online retailers rely heavily on legacy fraud management solutions that use rudimentary methodologies, such as static decline lists or rules-based risk scoring. But this is not enough to keep up with today’s fraudsters. Because the fraud landscape is ever-changing, adopting a multi-layered approach to fraud detection is essential in identifying and stopping card-not-present-fraud. We look at a combination of dynamic data and technologies, and human review, to provide superior fraud detection.
We harness the power of machine learning algorithms that analyze over 200 real-time and historical variables on every transaction. That’s over 5x the number of variables used by other solutions.
We have a committed and growing team of fraud experts manually reviewing potentially declined transactions. Let our team take on the responsibility of safeguarding your business against fraudulent charges, and streamline your resources to focus on other priorities. With the Bolt dashboard, you can also review and force-approve any transaction flagged by our risk team.
We help combat false positives by giving shoppers opportunities to verify card ownership on risk-marked transactions. Rather than outright rejecting orders and risking a negative customer experience, we send shoppers a micro-authorization prompt to confirm the transaction.
Ready to see how Bolt can help you approve more good orders on your site?See how it works