What is merchant fraud and how does Infinity Data work to protect your business and your customers?
Merchant processing fraud takes place when someone poses as a legitimate consumer to deceive businesses and make illegitimate profits. At its core, merchant processing fraud is a type of criminal activity in which an individual or group seeks to exploit the payment systems and processes that underpin the world of commerce, to steal from unsuspecting businesses.
Some business types should expect a higher rate of attempted merchant fraud then others and need advanced tools to help combat these illegitimate attempts. Infinity Data has access to several tools that merchants may employ to combat these attacks.
Address Verification
Device Fingerprinting
3d Secure Authentication
Transaction Monitoring
Pattern Detection and Transaction Scoring