Is Your Payment Gateway Prepared to Handle Fraud?
Fraud losses are increasing. eCommerce fraud losses are projected to grow by more than 32% by 2018, while revenue is projected to grow by only 19%. EMV adoption is pushing fraud to eCommerce channels. In the United States alone, eCommerce fraud is projected to jump from $3.1B to $6.4B within the next three years. Online fraud rose 79% in the UK, and more than 200% In Australia and Canada after the implementation of chip technology.
Be prepared with IDMPay
IdentityMind, the Identity Bureau™, provides a secure, risk-managed payment processing solution called IDMPay that combines a strong, fraud protection platform with an award-winning payment gateway. IDMPay will help you minimize the risk of fraud and reduce unnecessary rejection of transactions through a highly configurable platform.
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Single application for underwriting, and a unified API for Payment Gateway and Fraud Management.
Accept payments quickly with low integration cost.
Our clients average 66% less than the industry average. Expand and operate your business with confidence.
Have complete control and visibility on policies and strategies to maximize acceptance rates.
Hosted payment pages offering tokenization. Worry about your business, not about certification.
Streamlined Onboarding Process