Deco converts up to 20% of those declined transactions into immediate sales, delivering a significant ROI to merchants and boosting customer satisfaction, according to the company press release. Riskified developed Deco with design partners including The Level Group, an ecommerce partner that builds and manages end-to-end online experiences for luxury, design, and fashion brands.
Deco uses Riskified's AI-powered decisioning platform and the breadth of its merchant network to identify the legitimacy of the shopper behind the transaction. Once confirmed as legitimate in real-time, the transaction is intelligently submitted for payment authorisation to increase the overall approval for the merchant. Deco is currently available from Riskified for US merchants and non-US merchants that have a significant amount of US-based sales.
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