Bolt's Fraud Solution

Brand : Bolt

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Bolt's Fraud solution offers a comprehensive defense system that guarantees 100% chargeback protection, removing the burden of fraud management from merchants. By utilizing machine learning with over 200 real-time signals, Bolt detects suspicious activity instantly, allowing genuine orders to proceed without delay, thus boosting conversion and safeguarding customer relationships.

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Supported by Bolt's expert team, which manually reviews flagged transactions, this layered approach combines automated detection with human expertise, enhancing accuracy and reducing false declines. Bolt’s Fraud Chargeback Guarantee provides full financial coverage for fraudulent chargebacks, giving businesses a secure and risk-free environment to grow.

Bolt's Fraud SolutionFeatures

100% Chargeback Protection

Bolt provides a fraud chargeback guarantee, covering businesses completely for any fraudulent chargebacks, removing financial risk associated with fraud.

Advanced Machine Learning Detection

Utilizing 200+ real-time signals, Bolt’s AI-driven fraud detection identifies suspicious transactions instantly, ensuring genuine orders are approved with confidence.

Manual Transaction Review by Experts

Flagged transactions undergo an additional layer of review by Bolt's team of fraud experts, reducing false declines and boosting approval accuracy.

Comprehensive Fraud Cost Insights

Bolt offers detailed reports on hidden fraud costs, including chargebacks, manual reviews, and false declines, helping businesses understand the true financial impact of fraud.

Risk Assessment Scoring

Merchants can make informed decisions based on Bolt's risk scoring system, which assesses and scores each transaction, improving order approval quality and minimizing fraud risks.

Bolt's Fraud SolutionSpecifications

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  •  Windows  Android 
  •  Desktop  Mobile 
  •  Web-Based, Perpetual 
  • All Industries 
  • All Businesses 
  • Small Business Medium Business Enterprises 
  • Phone Email Communities 
  • Webinars Documentation Videos 
  • English 

Bolt's Fraud SolutionReviews

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Overall Score

5/5
Based on 1 Reviews

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Your valuable feedback helps others like you make a better decision.

Pros

I absolutely love the convenience of having all relevant job information readily accessible at my fingertips within seconds, provided it has been uploaded onto Bolt beforehand.Viha Gulati - April 10, 2024

Cons

However, I find the process of ordering work materials through the Bolt App somewhat cumbersome. There have been instances where I needed to order new or different materials for a job, but was unsure how to clear the previous orders before submitting a new one.Viha Gulati - April 10, 2024

Bolt's Fraud SolutionCompany Details

Brand Name Bolt
Information Early 2014 – Founding Bolt Bolt was founded in early 2014, with a vision to set a new standard for ecommerce. Mid 2016 – Bolt Launch A scrappy, yet-mighty team of 10 worked tirelessly for 2 years building the plumbing and middleware to create V1 of Bolt’s checkout platform. In mid-2016, Bolt officially launched its first merchant with just the payment step. 2022 - Now – Our Growth Bolt was first-to-market with a composable commerce solution in checkout that allows enterprise merchants like Revolve and Casper to keep their brand look and feel while utilizing the aspects of Bolt’s technology that suit their unique business needs. In its next phase of growth, Bolt continues to focus on scaling its universal shopper account network—that currently has tens of millions of shoppers—allowing retailers to better recognize and personalize for their customers.

Bolt's Fraud SolutionPricing Details

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