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How can we leverage Square's Webhooks to enhance real-time fraud detection in e-commerce transactions?

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I want to explore ways to use Square’s webhook system for detecting and responding to fraudulent transactions as they occur.
Please answer following points:

  • Examples of webhook events provided by Square that could indicate potential fraud.
  • Integrating third-party fraud detection services with Square’s webhooks.
  • Implementing real-time alerts and automated actions (such as transaction holds or additional verification requests) upon detecting suspicious activity.
  • Sharing best practices and success stories from other developers who have implemented similar solutions.

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