Nowadays, one of the most important things we need to think about is the security of our online stores. For that, we put together a list of the best fraud protection apps for Shopify, because you need to make sure that you are protected at all times.
You don’t want to be in the position where your online store gets flagged for certain activities, so it’s a must to have everything in place, even before the first transaction.
Let’s go ahead and take a look at the best fraud protection apps for Shopify stores!
Beacon is the best fraud app we have used to stop chargebacks. They include a special feature that many other fraud apps do not have. They void the order instead of accepting then refunding the order. When some apps accept and refund the order, you lose out on a payment fee plus it can fulfill other things such as digital downloads, invoices and more. Beacon void the order so the payment does not get processed.
Their support is super helpful and responsive. They are considered to be a Fraud Inspector app. It works by analyzing your store’s data, and lets you know every time something shady happens, from multiple accounts to very big purchases.
According to the developers, this is a system that gets to learn your store’s behavior, based on data it gets from your customers. On top of that, if it flags a transaction, it will send an SMS to the customer to run a simple verification.
It’s one of those apps you need to have from the start in order to have the best results.
2. Downloadable Digital Assets
Downloadable Digital Assets is the software you need if you sell digital products. It’s one of the only digital downloads apps that have fraud protection included, and will not send the link to the customer if the transaction has been flagged as high risk or medium risk, but you can choose which one to stop sending emails to. You have the choice to send emails to all if you want.
What’s great about this app is that it allows you to use your own email to send digital downloads. No other digital downloads app has this feature which is a huge plus. It automatically fulfills all the orders containing digital products.
3. NoFraud Fraud Protection
The NoFraud app is meant to help you prevent fraud chargebacks. This is very important because if your store has many chargebacks, it will get flagged. After receiving an order, the system will analyze it and give it a “Pass” or “Fail” tag in a matter of seconds.
On top of that, if you want to manually adjust the settings, you can do it at any time. This is a very important tool to have in your online store. The app is free to install, so you can always give it a try.
4. Fraud Filter
Fraud Filter is an app developed by Shopify itself. This app allows you to input your customized settings and can prevent fraud this way. It can cancel orders if they have been flagged, and it’s free! The only issue is the features are limiting. It only allows you to block specific customers and refund the order, but not void the order before it is placed, which incurs a payment fee. But it’s free so if you cannot get Beacon, this will be decent for some stores.
If you want, for example, to flag transactions over a certain value from a specific country, then you can simply add a filter. The Fraud Filer will take care of it in an instance.
5. Fraud Scanner
Fraud Scanner is one of those apps that can be considered intrusive at times, but its system doesn’t really fail. After you install the app, you can set up your filters and let it take care of the rest. It can cancel orders if the addresses don’t match, if the quantity ordered is considered too big, or if the orders are simply marked as fraudulent.
The price for this app starts at $2/month, and it’s definitely something you need to consider when setting up your Shopify store.
While you’re at it, you also need to choose a proper payment gateway for your Shopify store. Everything needs to be as secure as possible.
When it comes to the safety of your online business, you really need the best fraud protection apps for Shopify. Happily, you have quite a few to choose from, depending on the type of business you own!