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Mastercards Ethoca

Can real-time merchant-issuer collaboration at network scale eliminate chargebacks before they happen and redefine the post-purchase experience?

HQToronto, Ontario, Canada
IndustryInfrastructure / Payments
The story

Ethoca was founded as a collaboration-based technology company connecting merchants and card issuers to combat fraud through a shared intelligence network. After Mastercard acquired it in 2019, Ethoca was integrated into Mastercard's cybersecurity and fraud prevention portfolio, evolving from a standalone network into a suite of dispute-management and consumer-clarity products embedded within Mastercard's global infrastructure. Its core value proposition shifted from pure fraud-alert to a broader post-purchase experience and chargeback-prevention platform operating at network scale.

Last 12 months
2023-12
Product timeline
2011
Ethoca Alerts launched, enabling near real-time collaboration between merchants and card issuers to resolve fraud and prevent chargebacks.· payments
2019
Mastercard acquired Ethoca for an undisclosed sum to strengthen its digital commerce fraud management portfolio.· acquisition
2019
Ethoca Consumer Clarity launched, providing enhanced merchant transaction details to card issuers to reduce friendly-fraud disputes.· payments
2023
Ethoca Alerts reported stopping $977M+ of fraud in the year, with 110M+ chargebacks avoided since 2011.· payments
The stack
Accounting gap: none