Risk management is an essential and critical component of e-commerce which requires constant management and updating in order to minimize and avoid on-line fraudulent activities, whilst increasing your profits.
Netpay International's dynamic and advanced risk management tools are intended to combat the evolving features of internet fraud.
We understand that each one of our merchants requires unique and highly efficient risk management. We protect you with tailored solutions.
Compliance & Verification
Identifying fraud effectively is imperative in the payment processing business. Netpay International has developed a comprehensive and continuous compliance program as a tool for successfully detecting fraudulent activities.
Our team implements a Customer Identification Program together with the merchant that help us to actively and jointly protect your business.
The Customer Identification Program (CIP) includes new account opening procedures that specify the identifying information required by each customer. It also includes practical risk-based procedures for verifying the identity of each customer.
The CIP allows us to collect data and conduct risk assessments of your customer base, thereby determining the required card acceptance procedures in order to protect your business from fines, fraud and chargebacks.
KYC - Know Your Customer
At Netpay International, we believe in working together with our customers and providing them with tailor made solutions to meet their payment processing needs. This means that you, the merchant, need to know your customer too.
Together, we will get to Know Your Customer (KYC). We use this due diligence procedure to identify your customers and determine the information that is relevant to conducting financial business with them.
The KYC policy is a continuous process that coincides with Netpay International's customer identification program. In recent years this policy has become increasingly important globally as it helps prevent on-line fraudulent activities, money laundering and terrorist financing.
The KYC policy verifies that customers do not appear on any list of known fraudsters, such as sanctions lists and lists of third party vendors which tracks links between "high risk" customers in various geographic locations or businesses. These lists are updated daily and contain thousands of entries.
In addition, the KYC policy enables the monitoring of transactions by customers against their recorded profiles, account histories and peers.
Fraud Detection & Scrubbing
Netpay International has developed state-of-the-art fraud detection solutions to provide maximum security as well as a steady base to enable you to increase your profits and build a solid business.
Cross Checked Data Validation and Verification
The following are just a few of the wide range of anti-fraud tools available today: Forbidden/high risk geographical areas
- Limits module according to client business profile
- Address Verification SystemCVV2Cross-checking of BIN vs. IP BIN vs. country IP vs. country Negative/Positive database
- Purchase limit rule - Velocity control
- IP Country Match: Checks for consistency between card holder's claimed location and computer's IP address
- IP Country: Information about where (in which country) the card holder's computer resides
- IP in High Risk Country: IP verification in high risk areas
- Distance between IP and billing location: Information about exact distance
- IP Region Value: Information about the region in which a certain IP address is situated
- IP City Value: Information about the city of the card holder's computer
- IP Latitude/Longitude: Detailed information about the exact location
- IP ISP/Organization Value: To which ISP or organization does a certain IP address belong to
Payers Data Base and Behavior Recording
Payer Authentication
Looking to increase buyer confidence and at the same time reduce fraudulent transactions on your website?
Netpay International offers our Payer authentication - with Verified by Visa and MasterCard SecureCode – to ensure secure shopping experiences and reduce the costs of transactional fraud.
Transactional fraud can increase your costs. With Netpay International's Payer authentication, you can avoid the following:
- Chargeback Fees
- Fines from Acquirers
- Lost Merchandise
- Order Review
- Rejection of International Orders
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