#Japan #Minato #Cacco #O-PLUX #CS-Cart

Cacco Enhances eCommerce Security with CS-Cart Collaboration

Cacco Inc., headquartered in Minato, Tokyo, has announced a significant partnership with the renowned eCommerce platform CS-Cart, along with its fraud detection service O-PLUX. With over 50,000 successful implementations worldwide, this collaboration aims to bolster the security infrastructure of online retailers across the nation. Cacco, led by President Hiroyuki Iwai, is committed to creating a safer online shopping experience, combating the rising tide of credit card fraud that has plagued the industry.

Background of the Partnership

According to the latest report from the Japan Credit Association, the financial losses due to credit card fraud are projected to reach an unprecedented $5.55 billion in 2024. This alarming statistic highlights the pressing need for robust security measures in eCommerce, as fraud tactics become increasingly sophisticated. Cacco has already established collaborations with various EC platforms like EC CUBE and ecbeing, and by linking with CS-Cart, they're able to support a wider range of eCommerce businesses in minimizing risks related to fraudulent activities.

Why eCommerce Retailers Must Prioritize Fraud Prevention Now

Adopting effective fraud prevention strategies transcends mere damage control; it's evolving into a critical business strategy for maximizing revenues. Here are two key reasons:
1. Prevent Declines in Payment Approval Rates: Online retailers frequently targeted by fraud may encounter difficulties in payment processing, experiencing decreased approval rates. Financial institutions often label these merchants as high-risk, complicating legitimate transactions.
2. Avoid Lost Opportunities and Ensure Customer Trust: By implementing comprehensive fraud prevention measures, businesses can mitigate chargeback risks, secure potential sales, and maintain the trust of their customers.

The integration with O-PLUX will streamline these processes for CS-Cart users by enabling easy and effective implementation of proactive fraud prevention techniques.

Implementation Costs and Specifications

The O-PLUX service, along with its dedicated add-on module, is designed for minimal disruption and can be implemented in various CS-Cart versions, particularly in the Standard version v.4.18.3-jp-1. Cacco continues to evolve its offerings in response to the ever-changing landscape of fraud tactics, promoting secure online transactions.

About O-PLUX Fraud Detection Service

The O-PLUX service provided by Cacco is a cloud solution designed to detect fraudulent logins and orders in real-time while preventing unauthorized access to personal information and credit card fraud. It utilizes cutting-edge technology for effective threat assessment, including IP address analysis, device identity verification, bot detection, and negative list checks that significantly reduce fraud-related expenses.

Key Features

1. Proven Success: O-PLUX boasts the highest implementation rate across numerous eCommerce platforms in Japan.
2. High Precision Detection: It employs a range of negative data, patented technologies, and localized screening logic to maintain accuracy.
3. Rapid Response Capability: The service can quickly adapt to new fraudulent techniques, thanks to the combination of dedicated consultants and AI-driven approaches.
4. Simple Integration: O-PLUX supports standard connections to various eCommerce systems and offers operation via CSV uploads, making setup straightforward.
5. Affordability: The service starts from just ¥30,000 per month, allowing for cost-effective trials and evaluations prior to full-scale implementation.

Company Overviews

And Plus Inc.

Located in Shizuoka City, Shizuoka Prefecture, And Plus specializes in web development and has been recognized as the first Japanese partner for the Japanese version of CS-Cart, offering full support for all its features.

Mekuma Inc.

Mekuma provides the CS-Cart platform with over 50,000 successful implementations, featuring multiple products that exemplify versatility and high extensibility.

Cacco Inc.

Cacco operates under the vision of transforming innovative ideas into action using advanced security, payment, and data science technologies. Their O-PLUX service is recognized as the leading fraud detection solution in Japan, reinforcing businesses against cyber threats while improving operational efficiency.

In conclusion, this collaboration marks a pivotal step in enriching security and enhancing business efficacy for online merchants in Japan. By leveraging the O-PLUX fraud detection service, CS-Cart users can protect themselves against the rising threat of fraud and provide their customers with a safe shopping experience.