Fraud Protection
PlaySpan´s PaxGuard™ , which is integrated into all platform products and the PlaySpan Marketplace, provides fast, accurate fraud protection using an integrated system of evolving technologies that transforms information into actionable intelligence. It is a proven, strategic payment fraud prevention solution. PaxGuard overcomes the problems with traditional fraud prevention methods by automatically and transparently gathering information from multiple sources. It can be customized to meet any risk tolerance you specify, and it works for all payment methods.
It offers high risk customers low risk alternate forms of payment through PayByCash®. You will never have to say 'no' to your customers, or fail to convert legitimate ones. It is designed to protect against the full spectrum of fraudulent purchases, ranging from professional fraudsters using technically sophisticated, illegal techniques such as phishing and identity theft and so-called "friendly fraud" which can be perpetrated even by legitimate customers.
PaxGuard provides a number of on-demand reports that help merchants gain insight into the incidence of fraud on their site and tune their detection rules to better prevent fraud while maintaining a positive customer experience.
Developed and informed by 10 years of experience in online payment processing, PaxGuard is used by PayByCash and has already reduced fraud rates for some of its merchants from nearly 20% to less than 1%.
- Comprehensive multi-layered anti-fraud technologies.
- Based on 10 years of digital goods transaction experience.
- Low risk payment alternatives for high risk customers.
- On-demand reporting tools.
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