Credit card fraud is insanely frustrating. Quite often if you use an email to verify transactions on your system, it makes it very easy for a scammer to use a fake email address and stolen credit card details to make a transaction. This leads to lost revenue and charge back fees.
Since mobile numbers are much harder to acquire, SMS verifications are becoming the method of choice for verifying identity online. The reason why this is so effective is because in these modern times, everyone has their phones within arms reach at all times. If they do happen to lose their phone, along with their credit card details, their mobile device will likely be locked, or can be locked from a anywhere in the world. This makes the likelihood of someone successfully attempting identify theft very rare, and almost non-existent.
SMS Integration Options
We also offer a wide range of integration options to allow you to integrate SMS seamlessly within your online transaction application.
Zapier or Workato SMS Integrations:
- Braintree, PayPal, Shopify, Stripe, Square, and WooCommerce
- Swift POS