10 Ways to Reduce Credit Card Fraud for Internet Merchants
Released on = October 13, 2005, 1:54 am
Press Release Author = FraudLabs.com
Industry = Internet & Online
Press Release Summary = FraudLabs™ are delighted to announce new white paper on 10
Effective Measures to Reduce Credit Card Fraud for Internet Merchants, downloadable
and viewable at web site http://www.fraudlabs.com
Press Release Body = FLORIDA, October 13, 2005 – FraudLabs™ are delighted to
announce new white paper on 10 Effective Measures to Reduce Credit Card Fraud for
Internet Merchants, downloadable and viewable at web site http://www.fraudlabs.com.
The white paper outlines the preventative measures that merchants can take in order
to minimize credit card fraud. Webmasters and fraud prevention groups are welcome to
share this white paper to public. The PDF version of the paper is available at
http://www.fraudlabs.com/docs/FraudLabs_White_Paper.pdf .
FraudLabs™ develops, markets and supports the most up-to-date and advanced scoring
system online for online credit card transactions. We combine over dozens of
cross-checks FraudLabs service to reduce online credit card frauds. The services are
meeting the needs of all businesses from today's small Internet business to the most
advanced e-commerce sites.
FraudLabs™ provides highly accurate results to the customers. Every transaction goes
through a strict assessment process which reviews over dozen aspects of online
purchase parameters to determine risk level of orders. Supported by partners,
IP2location (http://www.ip2location.com - geolocation service provider) and
ZIPCodeWorld (http://www.zipcodeworld.com - postal code and area code database),
have proven success in the industry for many years.
FraudLabs™ is flexible and designed to ensure that the web service is always
available in real-time. FraudLabs™ web service is hosted on redundant servers,
redundant Internet connections, and 24x7x365 monitoring. In addition to new presence
on the web, FraudLabs™ web service is using platform independent XML format to
exchange data between systems. All customers can integrate the web service
regardless of their web server and shopping cart solutions.
FraudLabs seeks to create extraordinary fraud detection value for wide range of
customers, such as internet retailer, online payment processor, custom software
developer and shopping card providers. Free trial package is available to our
customers.
About FraudLabs
Founded in 2004, FraudLabs has been actively involve in research to fight online
credit card fraud. The flagship product, FraudLabs Fraud Detection Web Service,
screens and detects online credit card fraud by applying checking to transaction
pattern. FraudLabs's main headquarters is located in Penang, Malaysia, with regional
sales office located in Florida, United States.
The company can be reached by fax at +1-941-240-2105, by email at
press@fraudlabs.com, or on the Web at http://www.fraudlabs.com
Web Site = http://www.fraudlabs.com
Contact Details = FraudLabs.com
1901 60th Place, Suite L1020,
Bradenton,
FL 34203,
United States.
Phone: +1 (866) 614-6288
Fax: +1 (941) 240-2105
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