Yes, it is now possible to
diminish the Card not Present Frauds been Impacted, Due to the Implementation
of EMV Credit Cards. The Payment card commerce introduced new obligation rules
designed to make EMV (Europay, MasterCard and Visa) Credit Card the ideal
standard for in- store retail shopping. The main reason behind this
implementation is to reduce the risk of frauds happening due to Credit Card
Processing, and to prevent Credit Cards frauds within bricks and render stores.
Conversely, these Europay MasterCard
and Visa (EMV) are not relevant while shopping online or by Mail Order or by
Phone. Card Not Present (CNP) transactions trust on the old styled
information’s of card using, i.e. Account Holder names, Credit Card Numbers,
Billing Addresses, Card Verification Values (CVVs)
Can Radiant Pay Help you to
Reduce CNP Frauds with your Business?
Yes, at Radiant Pay we offer a
complement of Frauds Prevention tools planned to make your Payments environment
as unappealing as possible to would- be thieves. Evoke that Criminals go after
less secure networks. Thus, the more protection’s you have in place, the less
attractive you become as an objective.
Some of our Security Solutions
Includes:
·
Credit Card
Tokenization: This promptly alternates your customers’ financial data with
one-time tokens that only the payment processor can
decode.
·
Point to Point
Encryptions: which encrypts payment data the instant the card is swiped, while
in transfer over the network, all the way through to permission.
