Risk fraud free online card transaction
Online businesses accepting credit cards as payment instruments are becoming more and more vulnerable to fraud, at MerchantRMS we overstretch are efforts in combating credit card fraud, we realize the risks of online transactions. The geared services for fraud prevention we offer are towards that direction.
Card-not-present transactions easy targets of fraud
Alarming increase in online transaction fraud
The organized crime syndicates are using ultra-sophisticated technology to target card-not-present transaction on the net, fraud screening tools in use by card issuing banks is only able to determine if a credit card is genuine or the account information entered matches the one available on records. The easy availability of personal credit card information to crime syndicates has made card-not-present transactions more susceptible than ever, masking their personal identity and posing as legitimate cardholders, the standard fraud checks are insufficient and easy to bypass.
Fraud Screening requires more than standard checks
MerchantRMS scrutinizes online transactions from different perspectives, the screening tools used not just validate the genuineness of the credit card, it identifies if the purchaser is indeed the legitimate cardholder. The company provides credit card fraud screening services to 4000+ businesses online through its network; based on day-to-day inputs our analysis easily identifies distinguished characteristics and tendencies associated with fraudulent transactions, with 600+ probing parameters, the online businesses receive an instant fraud alert before banks process and authorize the payments.
E-commerce fraud protection safeguards merchants
Internet sales are booming and the only bother merchants face is payment fraud. MercchantRMS renders credit card fraud protection services allowing merchants to accept credit card orders over the internet without the threat of fraudulent transactions. By collaborating with our services, we establish a secure platform, through which merchants will be able to boost their revenue and increase profits, without the bother of fraud hovering around.
Combating Fraud – Increasing Profits
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