As an ecommerce business, it’s important to know how to avoid high risk orders on Shopify. By understanding what makes an order high risk, you can take steps to reduce the chances of having your payment gateway decline or cancel an order. Here are four tips:
1. Know your customer
The first step to avoiding high risk orders is to know your customer. If you’re selling products or services online, you should have a clear understanding of who your Target market is.
Knowing your Target market will help you identify potential red flags that could indicate an order is high risk. For example, if you’re selling luxury goods and your Target market is wealthy individuals, an order from a new customer with a shipping address in a developing country could be considered high risk.
2. Use AVS and CVV checks
Another way to avoid high risk orders is to use Address Verification Service (AVS) and Card Verification Value (CVV) checks. AVS compares the billing address provided by the customer with the address on file with the credit card issuer.
CVV checks compare the CVV code submitted by the customer with the code on file with the credit card issuer. These checks can help confirm that the person placing the order is actually the cardholder.
PRO TIP: If you are thinking about starting a Shopify store, or are in the process of setting one up, it’s important to be aware of the potential risks involved in selling online. One of the biggest risks is chargebacks, which occur when a customer disputes a charge with their credit card company. This can happen for a variety of reasons, including if they didn’t receive the product they ordered, if the product was damaged, or if they feel like they were charged too much. If you get a high number of chargebacks, your account could be suspended or even canceled.
To avoid this, it’s important to do your research and choose a niche that is not likely to result in a lot of chargebacks. You should also make sure that you have clear policies in place regarding returns and refunds, and that your prices are fair. Finally, always ship products promptly and provide excellent customer service to avoid any unhappy customers.
3. Review orders for suspicious activity
In addition to using AVS and CVV checks, you should also review orders for suspicious activity. This includes looking for things like multiple orders placed within a short period of time, large orders placed with a new customer, or orders placed using a stolen credit card. If something about an order raises a red flag, you can contact the customer to verify their identity and confirm that they intended to place the order.
4. Use a fraud prevention tool
Finally, one of the best ways to avoid high risk orders is to use a fraud prevention tool like Shopify Payments’ Fraud Protection. Fraud Protection uses machine learning to automatically flag orders that are likely to be fraudulent. This allows you to review these orders and take action as needed.
How Do I Avoid High Risk Orders on Shopify?
By following these four tips, you can avoid high risk orders on Shopify: knowing your customer, using AVS and CVV checks, reviewing orders for suspicious activity, and using a fraud prevention tool.
8 Related Question Answers Found
When you receive an order on Shopify, you have two options: fulfill it yourself, or have Shopify automatically fulfill it for you. If you choose to fulfill it yourself, you can do so either through the Shopify admin or through the Shopify app. To fulfill an order through the Shopify admin:
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As a Shopify store owner, you may have considered enlisting the help of a dropship company to help you expand the products that you offer in your store. Dropshipping is a business model in which you sell products that are manufactured and shipped by a third-party supplier. This arrangement can be beneficial for store owners because it frees up time and resources that would otherwise be spent on manufacturing and shipping products.
Shopify is a popular ecommerce platform that allows users to create their own online stores. Because Shopify is based in Canada, users may be subject to Canadian taxes when making sales through their stores. Fortunately, there are a few steps that users can take to avoid paying taxes on their Shopify sales.
When it comes to shopping online, one of the most frustrating things for customers is cart abandonment. This is when a shopper adds items to their cart but for some reason doesn’t complete the purchase. Maybe they got distracted, or maybe they decided the shipping costs were too high.
Starting a dropshipping business is a great way to start an online business with little upfront investment. Dropshipping is a business model where you sell products without carrying any inventory. When a customer places an order on your store, you simply contact your supplier and they ship the products directly to your customer.
Starting a dropship business on Shopify is a great way to get started in ecommerce. Dropshipping is a business model where you sell products that are shipped directly from the supplier to the customer. This means that you don’t have to carry any inventory, which makes it a great option for those who are just starting out.
It’s easy to delete orders from your Shopify admin. You can delete one order at a time, or you can delete multiple orders at once. If you need to delete an order that was placed by a customer, then you can refund the order instead.
When you receive an order on Shopify, you have to “unfill” it. This is how you do it:
1. Go to your Shopify admin and click Orders.
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