Fis increases approval rates and decreases ecommerce fraud liability for merchants with guaranteed payments

Jacksonville, fla.--(business wire)--financial technology leader fis® (nyse: fis) announced today the launch of its guaranteed payments solution, becoming the only payments processor to offer a fully integrated solution designed to guarantee merchants increased ecommerce transaction approval rates and eliminate the financial liability of chargebacks due to fraudulent purchases. according to a recent survey, 9 out of 10 merchants lost revenue through payment fraud in the last year.1 fraud accoun
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