PayProtector is designed to help the Internet credit card merchant with their fraud management to minimise the risk of loss from fraudulent credit card transactions. Fraud has become a serious problem and often adds significant costs for internet merchants. PayProtector scrutinises transactions from a number of angles combining internal, local and international information to identify, report on, or block fraudulent credit card transactions.

PayProtector - Online

• Credit card transactions are screened in real time, before they are sent to the acquiring bank
• High risk credit card transactions are blocked immediately by PayProtector and not sent to the acquiring bank

PayProtector - Report

• All credit card transactions which were approved by the bank are screened again for potential fraud
• The merchant is provided with a daily report detailing the previous days transactions
• High risk credit card transactions are flagged in the report to alert the merchant to take relevant action

PayProtector - Managed

• The PayGate Risk Team manually manages fraud for the internet merchant
• Merchant transactions are individually scrutinised then blocked, qualified or released
• Fraudulent attempts, patterns and initiatives are identified and appropriate action is taken

• Significantly reduces losses due to internet credit card fraud
• PayProtector - Online saves merchants the processing costs of fraudulent credit card transactions
• Reduces merchant costs of administering charge-backs from fraudulent credit card transactions
• Fraud detection and fraud prevention avoids closure of merchant facility as a result of excessive charge-backs
• Card not present fraud prevention gives internet merchants a level of comfort before goods are shipped or services provided

• PayProtector should be seriously considered by all credit card merchants selling goods or services via a web site. MasterCard and Visa have implemented the '3D Secure' (MasterCard SecureCode and Verified by Visa) program to help protect merchants from fraud, but it is not able to catch all fraudulent credit card transactions. PayProtector will work stand alone or in conjunction with 3D Secure to add an extra layer of protection for the merchant facility