Visa Launches DCAP to Cut Card-Not-Present Fraud Costs

Visa launched the Digital Commerce Authentication Program to reduce fraud and boost authorization rates for card-not-present transactions. Qualifying transactions receive a five basis point net interchange reduction. Stripe integrated Authorization Boost to evaluate cost, conversion, and fraud risk at the transaction level before applying Data Only 3DS. Since April 18, Stripe businesses have captured $18.4 million in annualized net interchange savings.