Credit card fraud protection
Providing unassailable credit card fraud protection measures to E-tailers
MerchantRMS realizes the vulnerability of merchant websites to payment fraud, as a preventive measure the company provides credit card fraud protection to e-businesses.
The measures include effective screening of card information entered by online customers, unlike options available of physically scrutinizing a card in a brick-and-mortar store. This option does not exist for online transactions in a card-not-present scenario, thus e-businesses must have a credit card fraud protection.
The weak security on many merchant websites has made them susceptible to fraud, and identity theft has increased those risks three folds, in-spite of secure payment gateways, the pre-screening service renders credit card fraud protection foolproof.
The MerchantRMS suite provides for an integration with an online store, and a compilation of pre-screening automated processes related to a consumers credit card generates a score, if the credit card is genuine it is sent to the payment gateway for processing, otherwise the transaction is flagged for review by the merchant.
The fraud protection service offered by MerchantRMS is an automated process. The covert screening process does not tip a fraudster neither delays the transaction.
