BluePay Releases Suite of Fraud Management Tools
NAPERVILLE, IL (February 19, 2015) – Leading secure payments provider, BluePay, officially launched the release of its new fraud management tools, a comprehensive suite of customizable filters that help merchants and partners detect credit card fraud.
BluePay’s fraud management suite includes a number of tools that will prevent fraudsters from testing cards on merchant accounts, making purchases from blocked countries, and entering amounts larger/smaller than items or services offered. With tools such as velocity filtering, transaction thresholds, AVS/CVV filtering, country blocking via IP address, country blocking via card issuer, and negative databases, merchants and partners can adjust all parameters with updates appearing in real-time.
“The release of our new suite of fraud management tools is coming at a perfect time. With many merchants implementing so many new ways to pay from anywhere and on any device, the economy is definitely seeing a huge increase in E-commerce; however, with that also comes an increase in fraudulent transactions,” commented Tim Trench, Executive Vice President of Product at BluePay. “By offering the fraud management tools, we are committed to helping our merchants and partners protect their accounts and minimize risks associated with accepting credit cards. We hope that all of our merchants and partners will consider these value-added tools and take advantage of their protection benefits.”
About BluePay: BluePay is a leading provider of technology-enabled payment processing for enterprise, small, and medium-sized businesses in the United States and Canada. Through physical POS, online, mobile interfaces, and software integration, BluePay processes business-to-consumer and business-to-business payments while providing real-time settlement, reporting, and reconciliation, along with robust security features such as tokenization and point-to-point encryption. BluePay is headquartered in Naperville, Illinois, with offices in Chicago and New York. For more information, follow BluePay on Facebook, Google+, Twitter, and LinkedIn, or visit www.bluepay.com.