De-Risking Merchant Payment Ecosystems: IXOPAY Partners with Riskified

I’m thrilled to share that IXOPAY has joined forces with Riskified to combine enterprise payment orchestration and fraud prevention, taking merchant payment operations to the next level! As ecommerce continues to grow, so do the complexities of payment infrastructure and the opportunities fragmented systems create for fraudsters. 

This partnership integrates IXOPAY’s cutting-edge payment orchestration platform with Riskified’s powerful AI-driven fraud and risk intelligence so that merchants can plug into a comprehensive fraud solution that works across the entire payment ecosystem using a single API. This initiative is about more than just security—it’s about enabling growth for our customers while minimizing risk.

What's Driving This Partnership

It comes as no surprise that ecommerce fraud continues to rise. Juniper Research estimates that ecommerce fraud will rise from $44.3 billion in 2024 to $107 billion in 2029; a growth of 141%. As a result, 66% of enterprises expect to spend more on fraud management tools and technologies in the next two years.

And what areas will be the focus of this increased spending? According to the 2024 Global eCommerce Payments & Fraud Report conducted by the Merchant Risk Council, businesses cite enhancing fraud tools, improving fraud orchestration, and improving payment/ refund policies as top areas for improvement.

IXOPAY is committed to helping enterprises realize success with these initiatives by integrating with a provider that doesn’t just claim to reduce fraud and its associated costs, but actually puts their money where their mouth is. Riskified acts as an accountable fraud partner, taking on the liability for chargebacks, and contractually agreeing to maintain minimum approval rates. The only “cost of fraud” becomes the merchant’s fixed fee, which will be more than offset by the guaranteed boost in revenue.

The Impact for Merchants

What does this partnership mean for businesses? A seamless, secure, and optimized payment experience that can be centrally managed via a single integration. Together, we’ll help merchants boost sales by reducing false declines, cutting down on chargebacks, and ensuring smooth, customer-friendly payment flows. 

The combined solution will help ensure regulation compliance, provide real-time threat response, and improve adaptive payment routing while providing robust network-wide analytics to improve overall ecommerce performance. 

With Riskified’s AI technology integrated into IXOPAY’s platform, we’re making it easier than ever for enterprises to stay PCI compliant, protect customer data, and deliver a frictionless shopping experience. 

What Enterprise Merchants Are Saying

Super.com, one of our clients, already sees this collaboration as a game-changer for their operations, providing a secure, efficient solution that sets them apart. “The partnership between IXOPAY and Riskified provides Super.com a market advantage with end customers and travel agency partners,” said Sarah Boehmer, Senior Director of Payment Processing & Fraud Strategy at Super.com. “The unified solution allows us to collect a credit card PAN and securely forward it to our travel partners, while keeping Super.com PCI compliant and our customers protected from fraud.”

As we aim to help our merchants increase transaction success, we are excited to offer another lever to pull in the form of an integrated AI-driven fraud solution. If you’re as excited about the future of payments and fraud prevention as we are, I invite you to learn more about this partnership at our joint event in New York City on January 11, just before NRF 2025. Let’s talk about how we’re shaping the evolving world of ecommerce!