Remove Authentication Remove CVV2 Remove Payment Gateways
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What Is A Payment Service Provider (PSP)?

Nanonets

Payment processing: The PSP will process online payments made by your customers. • Fraud prevention: PSPs use various methods to prevent fraud, such as AVS and CVV2 checks. Stripe: Stripe is a popular payment gateway that focuses on developers and businesses looking for customizable payment solutions.

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Virtual Credit Card Fraud: Its Risks & How to Prevent it

Seon

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.