MONITOR ONLINE FRAUD IN A REAL-TIME ENVIRONMENT
Fraud Management is serious business. At PayGate the Risk team has decades of collective experience in identifying and managing online fraud and in building bespoke risk monitoring systems and procedures within its merchants’ operations. The proactive measures minimise and eradicate fraudulent attacks and curb chargebacks. We understand the risks, whether you are a start-up or an enterprise merchant and PayProtector offers you the peace of mind knowing that all your transactions are continually being monitored in a real-time environment.
Transactions are screened in real-time for potential fraud before they are sent to the bank for authorisation. Should the transaction be identified as high risk, PayProtector blocks the transaction and flags the card as potentially fraudulent. Any further transaction attempts linked to the flagged card are identified and blocked. Because fraud is a Global issue, PayProtector accesses negative card data worldwide.
Here you have the benefit of the real-time transaction monitoring together with advanced reporting. All transactions, including approved transactions are screened for potential fraud. A report is generated detailing all your transactions and grouping the transactions in accordance to their level of risk – High, Medium or Low. The Merchant then has the ability to assess the report and institute a 2nd level of authentication from the customer to validate the purchase.
Within PayProtector the merchant has the ability to blacklist any card that may pose a threat. Once a card has been blacklisted any future transactions will be identified and rejected by PayProtector. The merchant has the ability to manage the adding and removal of card information specific to their PayGate account.