Fraud Prevention

Powerful tools for fraud detection throughout the payment process
Robust fraud prevention processes
Reduce financial losses, build trust, avoid reputational damage

What is Fraud Prevention?

Any business accepting or making payments can be a target of fraudulent activity. Protecting your business from fraud not only minimises revenue losses - it also helps maintain trust and reputation, and ensures regulatory compliance.

It is important to choose a good payment service provider who has robust measures to detect and prevent fraud and protect their merchants from financial losses.

Fraud Prevention Measures at Paynt

With Paynt, merchants and partners can access secure payments services that are built to protect their business revenue from losses and optimised to reduce their risk from fraudsters.

Secure Payment Methods

With Paynt you can only accept payments from secure payment methods like credit and debit cards, digital wallets like Apple Pay and Google Pay. These methods use encryption, tokenisation, and multi-factor authentication to protect your sensitive payment information.

Strong Authentication

Paynt enforces safety features on all payment solutions - whether that requires the use of strong authentication measures like multi-factor authentication, PINs or 3D Secure. This reduces the unauthorised use of payment methods, which may trigger disputes or chargebacks and increases customer trust and confidence.

Robust Dispute Management Processes

Our robust dispute management process efficiently addresses and resolves transaction disputes, safeguarding your business from revenue loss due to invalid or fraudulent chargebacks and minimising errors that lead to disputes. This also ensures customers.

Reduce the Risk of Fraud

Merchant Onboarding Due Diligence

Stringent onboarding processes and a complete understanding of a merchant’s payments processes ensures that any erratic transactions are investigated for potential fraud.

Transaction Monitoring

Paynt Portal has tools that monitor transaction patterns. Any unexpected spikes, anomalies, fraudulent IP addresses or instances of unusual access are flagged for further investigation, protecting merchants from fraud.

Future-Proof Your Business

Compliance as the First Line of Defence

Strong Anti Money Laundering and Data Protection policies, compliance with frameworks such as PCI-DSS at no extra costs and robust fraud monitoring and reporting procedures can help mitigate some of the risks associated with fraud.
Fraud Trends Monitoring

The team at Paynt combines emerging fraud trends monitoring with a comprehensive monitoring of transactions, reported fraud and chargebacks to manage its own and its merchants' fraud risks.

Stop Fraud In Its Tracks with Paynt

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