Seccurex Platinum

Seccurex Platinum from Seccurex

By: Seccurex  27/10/2010
Keywords: credit card, fraud, fraud prevention

Seccurex Platinum equips online merchants with the most comprehensive solution in fraud protection providing a shield against chargebacks on card-not-present transactions.

Credit cards allow consumers to conveniently and quickly shop online, merchants benefit from increased sales due to more frequent spending and faster transactions and credit card companies enjoy vast profits. The worldwide credit card network is a complex system that brings together consumers, merchants, processors and lenders to process millions of transactions per day and generate billions in revenue.

In the US alone approximately $3.3billion in online revenues was lost to fraud in 2009. Merchant’s profit margins are being reduced in order to combat these threats through the need for continual investment in fraud screening and manual review. Further to this, online merchants are being held accountable for chargebacks.

Through the provision of this service, Seccurex endeavour to improve the key online metrics for the merchant; false positives, manual review and order abandonment galvanized with the unique provision of a chargeback guarantee.

Keywords: credit card, Credit Card Fraud Prevention, fraud, fraud prevention, online transaction