Retail
Whilst Chip and Pin is effectively tackling card fraud on the high street, CNP (Cardholder Not Present) fraud continues to grow and in 2006 accounted for half of all card fraud – equating to £212.6 million*.
To combat this threat and protect not only your company, but consumers, it is essential that you “Know You Customer”, especially if you handle CNP transactions.
The most cost effective and timely way of identifying your potential customers is electronic identity verification, giving you the ability to “Know Your Customer” instantly and economically.
Smart ID Plus™ Key Benefits:
- Identify potential fraudulent transactions instantly
- Verify Credit & Debit Cards
- Seamless, customer friendly process
- Completely paperless solution
- Invisible identity verification – no credit footprint left
- HTML, XML & Batch solutions
For a free, no-obligation demonstration and trial, please contact our Sales Team on 02920 474150 or complete our application form online.
*Source: APACS www.apacs.org.uk
