Nanonets

OCTOBER 1, 2023

• Fraud prevention: PSPs use various methods to prevent fraud, such as AVS and CVV2 checks. Do you need a PSP that can provide additional services such as fraud prevention or customer support? • Payment processing: The PSP will process online payments made by your customers.

Payment Service Provider (PSP)

Seon

JUNE 21, 2023

Let’s take a look at some core tools that can achieve it: Risk-based authentication (RBA) : Businesses such as online shops can take stock of a user’s transaction history and geolocation to help determine how likely a user is to be a high-risk individual and thus determine the stringency of the authentication checks that should be performed.

Credit Cards

PYMNTS

OCTOBER 29, 2019

The other nefarious component of this fraud type is its death-by-a-thousand-cuts nature. According to Tricia Phillips, senior vice president of product and strategy at fraud prevention company Kount , many restaurants do not even realize they are victims of the scheme because each individual chargeback has such a low value.

Address Verification System (AVS)