Ucare Pharma leveraged PayPal’s built-in protections to stay safe & healthy.
Challenge
Companies of every size are constantly targeted by scammers and customers with unscrupulous agendas. Businesses in their infancy, like Ucare Pharma, are often especially vulnerable because security systems simply haven’t been chosen and implemented. Unable to rely solely on credit card companies for fraud protection, Ucare needed a way to make sure transactions were secure and legitimate automatically.Solution
Ucare’s remedy came in the built-in protections offered by PayPal’s platform. The solution delivers the intelligence of the PayPal network and machine learning algorithms to detect fraudulent card transactions and helps manage risk. It frees up Ucare to focus on accelerating customer growth as PayPal works to help minimize fraud. With high authorization rates, PayPal also helps make buying faster and easier.Outcome
PayPal was just what the doctor ordered. The platform helped to limit the financial damage that can come from scams and fraud. It also helped Ucare start building a trusted reputation with buyers and prospective customers in the process. With PayPal’s platform in place, Ucare was able to leverage the strength of PayPal’s network intelligence to help protect its business and its customers.Results
~20% More Total spend by customers checking out with PayPal~20% PayPal, 80% Credit Card payment method split just 5 months after adding PayPal
“Ucare Pharma uses PayPal’s platform not only as a seller but as a buyer. The website is our asset and needs to be cared for constantly. Part of that is providing added value to visitors from outsourced providers, many of whom greatly prefer PayPal for payment. The other part is offering a trusted, secure checkout experience on the site. PayPal’s buyer and seller protections reassure our customers and prevent a lot of headaches on our side of the transaction.”
—Donnel Nahum Hochstadt, CEO, Ucare Pharma