202028 Oct
Forter and FreedomPay Partner to Connect Merchants and Banks Across a Global Network to Fight Fraud and Reduce False Declines
Type
General News
Companies
Source
Businesswire
Summary

This inefficiency, combined with the influx of new online shoppers, increases the possibility of false declines for no apparent reason creating a negative customer experience and the potential for lost revenue. With over $200 billion in online transactions and over 800 million trusted users, we enable our coalition members to be way more effective in fighting fraud and growing the business with confidence,” said Liron Damri, Co-founder and President of Forter. “Forter’s fraud prevention capabilities protect merchants on FreedomPay’s Commerce Platform and ensure that only legitimate transactions are approved -- this not only increases the volume of transactions we are able to process, but also helps to build brand loyalty by providing an optimal consumer experience.” In addition to its fraud prevention capabilities, Forter’s partnership with FreedomPay provides merchants with a global solution that meets regional and country specific compliance requirements, including 3-D Secure (3DS) and other SCA methods for PSD2. As the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services, FreedomPays technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver an innovative Next Level experience on a global scale.

Classifications
  • Retail
  • Point of Sale (POS)
  • Fintech & Banking
  • Payment Processing
  • Accounting and Taxes
  • Security
  • Access Control
  • Data Warehousing Software
  • Data Management