You may have unlimited number of fraud profiles. Fraud profiles are assigned to specific campaigns. Once a custom profile has been assigned to a campaign that profile will be used. In the absence of a custom profile the default (Click & Pledge) profile will be used.
Please be advised that when using custom profile your organization accepts all liabilities for fraud and any fraudulent transactions that may hit your campaign.
Hope this answers your question.
Please let us know if we can be of more assistance.
BTW: I will move this post to the Connect peer-to-peer channel. You had posted this to the checkout pages which is the legacy Portal channel.
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