Credit card fraud detection:
What are the parameters used by MerchantRMS for Credit Card Fraud Detection?
The MerchantRMS diligently applies 600 different parameters for credit card fraud detection, some of which includes Device Identification, Geo IP technology, Proxy Detection etc. It processes the transaction data aided by a powerful rule-set based engine. The screening process generates a risk score that ranks the transaction accordingly. If credit card fraud is detected a high-risk score alerts the merchant in time. The fraud prevention service rendered by the company minimizes the risks and protects merchants from credit card fraud.
Is MerchantRMS a networked service and how is Credit Card Fraud Detection service rendered?
The MerchantRMS functions as a hosted service that integrates with e-commerce websites on a unified platform, access to our services is through an HTTPS protocol. The covert screening process is invisible to customers. The updated surveillance processes provided by us for credit card fraud detection helps merchants to prevent fraud online.
Is there an added advantage or service offered by MerchantRMS which is different from an in-house screening service?
The in-house screening services may not have access to updated database tools or technology that is available to MerchantRMS. The fraud syndicates are using sophisticated means to circumvent the best security systems. As a hosted service provider, we have a network advantage of 4000 plus online businesses using MerchantRMS. The feedback we receive from them provides us updated inputs on a day-to-day basis and helps us find instant solutions. This advantage may not be available to an in-house screening department of an online business
Is there a trial offer provided by MerchantRMS to check out the credit card fraud detection services?
Yes MerchantRMS has a free trial offer, to know more about it click here
