Covery
6.3#14 in fraud detection softwareFrom €9,600 a yearWebAPI
VisitCovery vs FraudLabs Pro
FraudLabs Pro
8.0#1 in payment fraud detection softwareFrom $29.95 a monthFree planAndroidiOSWebAPI
VisitWhat both publish
| Fact | Covery | FraudLabs Pro |
|---|---|---|
| Headquarters | Limassol, Cyprus | LinkedIn lists Hexasoft Development Sdn. Bhd. headquarters in Bayan Lepas, Penang, Malaysia. |
| Integrations | Covery says it can integrate with payment gateways, CRMs, and other third-party services through its API. | Ready-made modules are offered for platforms including PrestaShop, OpenCart, Magento, Shopify, and WooCommerce, with more than 20 plugins advertised. |
| Machine learning | Covery says it uses supervised machine learning and customizable rule scenarios to analyze locations, devices, identities, and behavioral patterns. | The service trains models from merchant approval, rejection, and blacklist feedback to improve fraud prediction. |
| Purpose | Covery describes itself as a fraud and risk management platform for risk analysts, payment managers, AML professionals, BI specialists, and data scientists. | FraudLabs Pro screens e-commerce orders for payment fraud and helps merchants reduce fraud losses and chargebacks. |
Covery plans
- Startup€1,000 a month
- Small€1,750 a month
- Medium€2,250 a month
- Startup€9,600 a year
- Small€16,800 a year
- Medium€21,600 a year
FraudLabs Pro plans
- MicroFree
- Mini$29.95 a month
- Small$99.95 a month
- Medium$249.95 a month
- Large$499.95 a month
- Enterprise$1,249.95 a month
Pick Covery if…
Covery suits risk analysts, payment managers, AML professionals, BI specialists, and data scientists handling fraud, payments, or identity risks. It may fit teams that need API integrations, configurable rules, and case management.
Pick FraudLabs Pro if…
It suits online-payment businesses, from startups to enterprises, that want to assess order risk. Merchants using supported storefront platforms or a REST API can connect it to their workflows.