Payment methods with associated risks are indispensable for online buyers. Purchasing invoices, for example, can reduce the cancellation rate during the check-out process by up to 80 %. This is by contrast to the risk of substantial payment defaults, if all customers are offered payment methods with associated risks. PAIR Finance can provide support on optimizing risk management for online purchases. We work in close conjunction with our partner SHS VIVEON. Together, we adjust your risk parameters in the check-out process and give you an estimate of the default probability of specific customer profiles.
| Optimisation of risk parameters | Automated handover of debts and data enrichment |
| Typologisation of customer base and production of black and white lists, plus optimized fraud management. Securing address reachability. | Handover of outstanding debts through the technical interface. Realtime prognosis of payment probability in the collections process. |
Example application for cooperation with SHS VIVEON
SHS VIVEON, an IT service provider for risk and credit management, offers ProfitBOX, which is a simple option for fraud prevention and definition of payment methods available. The PAIR Finance interface allows outstanding debts to be transferred directly to our system via ProfitBOX, with no further technical integration. At the same time, the PAIR Finance module means new customers in the check-out process can be given a realtime prognosis of the repayment probability in the event of a potential payment default by a customer. This provides a further decision criterion in the dynamic check-out process.
Find out more about SHS Viveonhere.