ClearSale’s statistical technology and its team of fraud analysts combine to offer card-not-present (CNP) fraud prevention that reduces chargebacks and false positives while helping merchants to deliver a seamless experience.
As the pandemic shifted consumers in many regions from in-store to online shopping and fraud attacks on ecommerce merchants increased, ClearSale’s 2020 net revenue grew by 65.7%, compared to 2019 growth of 35.5%, according to the press release. Banco Itau BBA served as lead coordinator on ClearSale’s IPO, with Bank of America, BTG Pactual and Santander acting as offering coordinators.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now