Subscription Fraud

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Raid Cloud Subscription Fraud
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What is Subscription fraud?

Subscription fraud involves obtaining the customer information required for signing up to new telecom contracts or services with a valid authorization, but without the intention of paying for the products and services used. Subscription fraud is often categorized as bad debt rather than fraud. Operators globally estimate that nearly 40% of all bad debts are actually subscription fraud.

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How does Subscription Fraud works?

This is the starting point for many other telecoms fraud scams and as such is recognized as the most damaging of all non-technical fraud types. Perpetrators don’t just stop with obtaining legitimate service illegitimately, they usually use it as a precursor to other types of fraud such as Premium Rate Fraud and International Revenue Share Fraud, which are lethal in their own right. The real impact of this type of fraud is difficult to measure because it does not stop with revenue loss alone. The effects can be catastrophic in terms of escalating complaints, poor customer experience, dissatisfaction among support staff, and diminishing investor confidence.

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Why use Subscription Fraud App?

Raid Cloud Reason 1

Identify ilegal access to your services

Raid Cloud Reason 1

Provides fingerprinting capabilities predicting damaging behaviors

Raid Cloud Reason 1

Reduce revenue loss

  • Key Benefits

  • Raid Cloud checkbox icon Protects revenue and company reputation
  • Raid Cloud checkbox icon Enhances fraud detection of other apps
  • Raid Cloud checkbox icon Increases revenue by making roaming traffic more secure
  • Raid Cloud checkbox icon Quick return on investment
  • Raid Cloud checkbox icon Identify and detect false identities

Request your Subscription Fraud Datasheet here

RAID.Cloud delivers instant revenue leakage reduction and fraud prevention.

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  • Implementation in minutes
  • No in house resources
  • No hardware costs