Company News • 20.08.2015

Offering eCommerce merchants integrated online payments and fraud solution

Computop and ACI Worldwide partner: The new service will offer merchants unique insight into their fraud risk

Offering eCommerce merchants integrated online payments and fraud solution...
Source: pixelio.de/Marc Boberach

Computop, a leading global payment service provider (PSP) has signed an agreement with global payments specialist ACI Worldwide to provide merchants an integrated online payments and fraud prevention solution powered by ACI's ReD Shield, a premier card-not-present (CNP) fraud detection and prevention solution for eCommerce merchants. The new service will offer merchants unique insight into their fraud risk and online customer activity, helping them to combat fraud and increase conversion rates.

While 3D Secure* (3DS) authentication is a successful and established fraud prevention scheme in the card-not-present environment, some merchants say it contributes to so-called ‘basket abandonment' (i.e. shoppers abandoning an online purchase before proceeding to pay), and therefore to a reduction in sales.

By using Computop Paygate integrated with Red Shield, merchants will be able to make an informed choice about whether or not to refer a transaction to 3D Secure. All transactions will undergo a thorough risk assessment ahead of any potential call out for 3DS authentication. If the transaction is low risk, the merchant may choose to approve without calling out to 3DS. If it is high risk, it can be declined automatically, avoiding the need to request a 3DS authentication. If the level of risk is ambiguous, then a request can be made for further validation through 3DS, via ReD Shield. This process will give those merchants that have ‘basket abandonment' concerns the freedom to choose which transactions warrant the added protection of 3DS.

Ralf Gladis, CEO and co-founder, Computop, said, "ReD Shield adds great value to Computop's fraud solutions. Its in-depth statistics and manual review interface will help our customers simultaneously avoid fraud and improve conversion. What we are offering here is a contextual fraud prevention solution to help assess and act on risk factors before merchants are at the point of no return."

Andy McDonald, European sales director, Payments and Fraud, ACI Worldwide, added, "We are delighted to partner with Computop. As eCommerce sales continue to rise globally, a growing number of merchants and PSPs recognise the benefits of a reliable online fraud prevention solution, delivered by expert risk analysts and informed by global fraud intelligence. Our solution not only offers a highly sophisticated level of fraud prevention, but enables eCommerce merchants to exercise choice over authentication processes-offering a better customer experience and increasing online sales."

Source: Computop

related articles:

popular articles:

Thumbnail-Photo: The Medial Customer Journey at the POS
29.08.2019   #online trading #pos marketing

The Medial Customer Journey at the POS

Permaplay offers different concepts for a powerful and sales-promoting POS communication

More and more people are buying more and more products in more and more places. The exciting question “Who will win: stationary retailing or online trading?” has been discussed for years. Permaplay Media Solutions Managing Director ...

Thumbnail-Photo: POS in the cloud: the networked checkout
13.09.2019   #epos software #digitization

POS in the cloud: the networked checkout

On the possibilities for a cloud-based point-of-sale-system

Everyone is talking about smart industry-specific cloud solutions. The cloud also offers the retail sector fresh possibilities for its day-to-day operations. So, it's no surprise that more and more companies are installing point-of-sale software ...

Thumbnail-Photo: New innovative hybrid POS solution for small businesses...
20.05.2019   #pos systems #cashpoints

New innovative hybrid POS solution for small businesses

Posiflex presents a new innovative Hybrid POS solution for small businesses

The Retail market is always evolving, and so is Posiflex. Posiflex continually stays attached to the market and identifies ahead what the market really needs. Posiflex is honored to present its latest innovative Hybrid POS solution, WT-3007A, to the ...

Thumbnail-Photo: Tackling organized retail crime with video analytics...
26.06.2019   #video surveillance #digital video surveillance

Tackling organized retail crime with video analytics

Inpixon joins forces with National Anti-Organized Retail Crime Association

Inpixon, an indoor positioning and data analytics company, announced it is collaborating with the National Anti-Organized Retail Crime Association (NAORCA Worldwide) to combat retail crime by providing a free 90-day trial offer for IPA Video™ ...

Thumbnail-Photo: Nets and Swish partner on in-store payments pilot...
23.07.2019   #mobile payment #mobile terminals

Nets and Swish partner on in-store payments pilot

Bluetooth tech enables scalable instore payments for mobile payment app

Nets, a European payments company, and Swish, the number one payments app in Sweden, announce their collaboration on an in-store payments pilot program.Until now, Swish has mostly been used for account-to-account transactions and, more recently, ...

Thumbnail-Photo: Mobile payments at the supermarket checkout
05.08.2019   #mobile payment #smartphone

Mobile payments at the supermarket checkout

An early adopter’s experience of mobile payments

Or: "What’s that you’re doing with your watch?“I still remember the first time I used mobile payment technology and paid for items with my smartphone at a supermarket checkout: It was October 17, 2018, exactly seven days after ...

Thumbnail-Photo: 45th anniversary of the barcode in retail
01.07.2019   #barcode scanner #qr code

45th anniversary of the barcode in retail

GS1 US celebrates the barcode’s relevance as the backbone of commerce

GS1 US®, the information standards organization best known as the administrator of UPC barcodes, this week celebrates 45 years since the debut and first scan of the iconic barcode. On June 26, 1974, a pack of Wrigley's chewing gum carrying a ...

Thumbnail-Photo: APG announces the hiring of Mr. Paul Griffiths as its new president and...
09.08.2019   #cash management #cash drawers

APG announces the hiring of Mr. Paul Griffiths as its new president and CEO

Global cash management solution manufacturer welcomes its new president & CEO Paul Griffiths

APG Cash Drawer, a global manufacturer of cash management solutions announces the hiring of Mr. Paul Griffiths as its President and CEO. Most recently, Mr. Griffiths was the CEO of Birchwood Casey, a sporting goods company working with large ...

Thumbnail-Photo: App creates personalised shopping experience...
26.08.2019   #mobile payment #app

App creates personalised shopping experience

The Swiss trading company Valora is opening its first cashless convenience store

The goods are chosen, scanned and paid for using the avec smartphone app. Mobile computer vision specialists Scandit’s scan engine is a key component of the customer-facing app. The future of shopping - whether online or offline - is ...

Thumbnail-Photo: drs//POS – The POS system for many check-out situations...
13.09.2019   #pos systems #cashpoints

drs//POS – The POS system for many check-out situations

With the POS system developed by Superdata you are put in the picture

The POS acts as an ear in the store. It affects how timely, and with what information, decision makers at the head office are in a position to assess developments in the store and are able to respond appropriately to the situation.With our POS ...

Supplier

iXtenso - Magazin für den Einzelhandel
iXtenso - Magazin für den Einzelhandel
Celsiusstraße 43
53125 Bonn
Superdata GmbH
Superdata GmbH
Ruhrstr. 90
22761 Hamburg
Permaplay Media Solutions GmbH
Permaplay Media Solutions GmbH
Aschmattstr. 8
76532 Baden-Baden
APG Cash Drawer
APG Cash Drawer
4 The Drove
BN9 0LA Newhaven
Delfi Technologies GmbH
Delfi Technologies GmbH
Landgraben 75
24232 Schönkirchen