Partnership to shield online merchants from fraud

PayGate Business Development Head, Brendon Williamson

PayGate Business Development Head, Brendon Williamson

by SAVIOUS KWINIKA
JOHANNESBURG – PAYGATE, the South African e-commerce payment services provider, says its new partnership with global fraud prevention company ReD, will give added protection to local online merchants.

The partnership comes amid the e-commerce in South Africa maturing and more local merchants are doing business outside borders, says PayGate’s head of business development, Brendon Williamson.

“This means we need to expand the protection we offer merchants as well. Our fraud screening needs to cover the whole world, not just South Africa,” he said.

Williamson says PayGate’s expanded fraud protection will be available both to enterprise customers and to smaller merchants that use its PayProtector
service.

ReD’s fraud protection capability is high-powered and complex, says ReD VP Sales Africa Lee-Anne Porter.

“It combines a global database of fraud information, rule sets and a neural network that has the ability to learn from experience about fraud patterns and behaviours and apply those learnings to improve fraud detection,” says Porter.

Porter says the company is delighted to partner with PayGate and help their
merchants in South Africa secure the benefits of its fraud protection capabilities.

– CAJ News

Short URL: http://cajnewsafrica.com/?p=3199

Posted by on Jan 8 2015. Filed under IT Security, Software, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
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