192 are pleased to announce that we have joined forces with SecureTrading, the UK’s leading independent Internet Payment Service Provider to provide an effective barrier against fraud.
With card fraud now estimated at £535 million (APACS statistics) and on the increase, companies need to ensure they are protecting their profits especially in such an economically unsound climate.
SecureTrading’s Identity Check has integrated 192’s identity verification databases to enable Internet-based merchants to better recognise and block attempted fraudulent transactions. SecureTrading Identity Check allows merchants to cross reference buyer information using a number of databases to verify if someone exists and lives at their given address.
By bringing together innovative payment services and 192business.com’s fully integrated counter-fraud solutions, businesses can be confident that they are not only stopping fraudsters hitting their sites but also allowing their valuable customers to transact without losing them to the competition.
Ian Green, Director, 192business.com “we are very excited about this partnership and believe that by bringing together payment tools and identity verification we can get closer to that silver bullet to stop fraudsters in their tracks”.
John Lyons, Chief Security Officer at SecureTrading said: “As an industry leader we must work closely with other industry leaders such as 192business.com to do everything possible to stamp out online fraud, ultimately reducing crime and increasing consumer confidence in online transactions. Our solution is the only fully integrated service available in the UK on a pay-as-you-use basis for all sizes of online merchant., Businesses can now benefit from being able to immediately check and verify customer identities and age from a review of transaction details, making it simpler and easier to prevent fraud than ever before.”
SecureTrading is the UK's leading independent Internet Payment Service Provider (PSP), with more than 10 years of experience providing secure real-time payment processing for businesses operating online. SecureTrading is trusted by many of the UK’s best-known brands and offers a diverse range of innovative payment services that are tailored to meet the precise needs of its customers.
Using SecureTrading’s leading-edge products and systems, companies can accept all credit and debit cards along with alternative payment methods such as PayPal and Ukash. Furthermore, these innovative technology solutions are reliable, scaleable and easy to integrate with any e-commerce site, working seamlessly with shopping cart software and customer applications.
SecureTrading has the most comprehensive suite of counter-fraud services available, so businesses can make correct decisions before shipping goods or allowing access to services. In addition, the company is fully PCIDSS Level 1 accredited and incorporates 2048-bit encryption, 3-D Secure and AVS Security Code into its payment processing systems. The launch of SecureTrading’s new suite of counter-fraud products, SecureTrading Identity Check and SecureTrading Fraud Score, makes SecureTrading’s Payment System one of the safest ways to trade online.