Chargebacks remain one of the most persistent challenges in digital commerce. Fraudsters are constantly developing new methods to exploit weaknesses in payment systems. At the same time, legitimate customers sometimes trigger disputes unintentionally, creating added complexity for merchants.

Tokenization is a strategy that revolves around security and offers robust protection for confidential data.

In its most basic form, tokenization replaces sensitive data with an exclusive, randomly generated substitute, referred to as a token. The core purpose of the token is to stand in for the actual data during transactions,

Velocity checks in eCommerce fraud prevention are a crucial strategy used to detect and mitigate fraudulent activities.

These checks involve monitoring and analyzing the frequency and rate of transactions or specific behaviors performed by a user within a given timeframe.