GAPP GROUP, LLC
HOLLYWOOD, FLORIDA

, surveyed many business owners and their challenges with financial payment technologies. Of the survey, 25% of businesses experienced a chargeback resulting in loss of product, loss of payment, and potentially losing their payment provider. Another 8% of those surveyed experienced ten or more instances of customer payment fraud. An article from Fraud can cause serious disruptions for business owners, which is how we came up with the idea of Gapp Commerce. We developed a portal and payment gateway that would link to existing eCommerce platforms to provide fraud analysis, sales tax reporting, and payment aggregation for customers. With these automations combined with experts in the eCommerce industry, we would have a winning solution to protect our customer and to lower their costs while still making a profit. As we bounced the idea off acquirers, financial institutions and card brands, they still had reservations about how much risk we would be taking on. We were a little disappointed but were not ready to give up yet. As part of our automated system, we built in the concept of holding a fraud reserve. As we began to receive revenue, we would start directing a portion of that revenue into a fraud reserve account to provide protection against future chargebacks. This seemed like an idea that was already in place with other Payment Facilitators out there, but we felt we could custom tailor it for our line of business. This solution seemed to cover the small-scale fraud concerns, but there was still the concern of a large fraud breach that put us at risk. This is when we investigated a cyber liability policy to cover our customers and ourselves. At this point, we felt confident that we had a solution that customers could rely on and trust. Customers look to us to provide expert consulting and industry knowledge. Please give us a call today and let us show you how we can save you money! Our unique and patent pending process of performing Merchant of Record services is what makes us happy and our customers successful. With our ability to automate complex processes, mitigate risk, and an expert team in place, we are able to pass savings down to our customers to provide a Win-Win solution for everyone. Gapp Commerce will join your team to acquire responsibility for payment processing, fraud management, sales tax, and chargebacks on your existing platform. We have automated systems and a dedicated team to support you and your business. Our expert staff and seamless integration can save you valuable time and money. As the Merchant of Record, Gapp Commerce takes on all the fees from the Payment processors, all the fees from Tax Jurisdictions and all the fees affiliated with Fraud and provides a single “percent of sale” cost structure for you. When you join with Gapp Commerce, a dedicated account specialist will be with you from the start. They will assist you with configuring your existing eCommerce platform with the Gapp Commerce payment gateway. The payment gateway can be configured with 150+ shopping cart implementations. Your account specialist will also help you with tax configurations with your products. As orders begin to process through the payment gateway, a dedicated team of fraud experts will analyze and review suspicious orders and minimize fraud. In some cases, manual review of orders will take place. There is an online portal where you will have 100% transparency into all of your transactions, fraud, sales tax, and accounting. And to compliment all of this, we have an excellent customer support team to guide you though issues or concerns.