REDUCE RISK, INCREASE REVENUE
With online fraud on the rise, it is important for your business to implement a risk mitigation strategy that helps protect your transactions, without compromising conversion rates. Ecentric Payment Systems offers a suite of fraud detection and risk management services to ensure your sales are protected, chargebacks are reduced and revenue is maximised.
We offer merchants a variety of business tools, including a Real-time Fraud Prevention service, 3D Secure processing and our SecureVault service.
REAL-TIME FRAUD PREVENTION
As a payment processor, we understand that online businesses have varying risk profiles, require custom fraud rules and manage suspected fraud cases differently. For example, an online clothing store would have very different fraud screening needs from an online prepaid airtime vendor. To ensure that you receive fraud prevention capabilities specific to your business, Ecentric has partnered with Retail Decisions, a global fraud detection expert to offer the ReD Shield service.
With ReD Shield, Ecentric is able to offer merchants a comprehensive set of real-time fraud prevention features.
- Take advantage of a customised, business-focused fraud mitigation service.
- Reduce manual review time by utilising automated fraud decision making.
- Reduce chargeback rates and false positive fraud cases.
3D SECURE PROCESSING
Online credit card payments carry a higher fraud risk as cardholders are not physically present at the time of purchase. As a result, 3D Secure was developed by Visa and MasterCard to further the security of online transactions. 3D Secure is a service designed to make online shopping safer by authenticating your customer’s identity at the time of payment. Cardholders need to enrol for 3D Secure with their banks (some banks automatically enrol their customers in the 3D Secure program). Once the customer is enrolled, they need to enter a 3D Secure password or OTP (one time pin) each time they shop online.
Ecentric Payment Systems has partnered with Bankserv, the largest automated clearing house in Africa, to offer businesses complete 3D Secure protection.
- Reduces chargebacks and fraudulent activity on your website.
- Provides consumers with a level of trust and confidence in shopping at your online store.