The growth of e-commerce has created a new business model, but it has also brought new challenges. It’s not enough to have the best products, customer service, and fast delivery anymore. Today, it’s all about building trust between your brand and customers by creating a safe online environment where they can make purchases without threats of fraud or identity theft.
One way to achieve that is by using verification software to ensure every order or transaction made on your website is legit. In this article, we’ll show you how you can choose the best verification software solution to effectively to protect your business from fraudsters and scammers who are looking for ways to steal money from others.
It must be accurate 100% of the time
With any type of verification software, you need to ensure that it is accurate 100% of the time. There are two ways you can verify this:
With a sample size of data (a small number)
With a large sample size of data
An effective solution should be able to produce an error rate under 0.1%. This means that if you enter 10,000 records into your system, there should only be 100 or fewer errors among them—and these should all be correctable errors such as typos or misspellings.
It must be easy to use
It’ll be a nightmare if you choose a verification solution that’s difficult to use. It’s all about simplicity, ease of use, and usability. To achieve this, you need to make sure your chosen tool has the following features:
An intuitive user interface (UI) with clear instructions for each step of the process
A streamlined workflow that makes sense and is easy for users to follow
A responsive customer support team dedicated to answering questions from their customers
It must integrate seamlessly with your workflow
With any system, data is the lifeblood of your business. You need it in real-time and in the right format so that every user can access it securely. A good verification solution should seamlessly integrate with other applications in your current workflow and make sure that any data issues are resolved quickly. If a solution doesn’t meet these criteria, then you may encounter problems down the road due to lost sales or incomplete transactions.
It must be compatible with all of your customer databases
The last thing you want is for a verification service to be incompatible with the database where you keep your customer information. After all, if it can’t access the data and get accurate results, then it won’t be worth using at all. To ensure that this doesn’t happen to you, make sure that any solution you choose is compatible with all of your customer data and at least most of your customer databases.
As you can see, there are many different types of verification software available. When choosing a solution, it is important to select one that fits your specific needs. If you choose incorrectly, then it could mean lost time and money. So be sure to take your time, read reviews and ask questions before making a final decision.