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Easily navigate rising fraud to maximize sales of the leading digital good — with zero liability.
eGift Card Fraud
Digital gift cards are more popular than ever — but they are also associated with having the highest fraud rate of any digital product. Fraudsters favor eGift card purchases with stolen credit cards because they’re anonymous, transferable, universal, and easily liquidated.
35%
growth projected in U.S. gift card sales
50%
of merchants have declined orders from legitimate customers
1-4%
of U.S. revenue is lost to gift card fraud
Approve more eGift purchases
You can grow your eGift card sales without accepting unnecessary risks. Vesta’s machine learning solution learns from trillions of data points to deliver up to 97% approval rate on transactions.
Frictionless verification
Provide a seamless eGift shopping experience and enable customers to use their gift cards right away, without approval delays or too many identity verification steps.
No liability
Let more orders in without fear of fraud: every approved transaction is covered by our 100% chargeback guarantee. If we’re wrong, it’s on us.
eGift Card Solutions
Approve transactions in real time while preventing fraudulent purchases. Vesta’s AI solution — including our proprietary risk decision engine and expansive data consortium — is proven to help grow revenue by addressing the pervasive causes of eGift card fraud.
View SolutionsBy 2024, revenue lost to fear of fraud is projected to outpace eGift card sales. Watch this webinar for strategies to flip that script.
Discover how our clients expanded their eGift card sales with zero fraud liability.
The Vesta team was extremely helpful during our integration - both through an API for a custom app and through an eCommerce platform plugin. The integration only took about 4 weeks, and we are very satisfied with our risk approval and chargeback rates.