Increase approval rates for CNP payments
Telco providers are experiencing a high volume of fraudulent transactions, which directly impacts revenue due to false declines and chargebacks. This happens across all revenue streams, including prepaid top-up, bill pay, triple/quad play offerings (Mobile, Fixed, TV, and Broadband), and product and handset upgrades. Stopping fraud attacks and driving more sales through frictionless payment experiences has become a perpetual balancing act.