Flexible configuration of validation rules
Continuous updating of the fraud scenario database
Remember how during an online card payment you are asked to confirm it in the bank app or with a one-time code? This is 3DS in action, also known by the brand names Visa Secure and Mastercard ID Check.
Modern 3DS technology is quite flexible: if the antifraud system has no suspicion of a transaction, the payment goes without additional confirmations. Yes, the customer makes the purchase faster, while you have a higher payment conversion and fewer security risks.
Tranzzo operates in compliance with the standards of international and local regulators. This involves the Know Your Customer procedure — verification of the identity of the seller and the payer.
We check each merchant before connecting, and evaluate payers in case we notice atypical transactions.
This allows us to reduce the risk of fraud and screen out unscrupulous merchants and buyers.
We use a semi-automatic system to run verification:
You don’t necessarily have to accept payments via Tranzzo in order to use our anti-fraud system. We offer it as a SAAS solution.