E-commerce fraud has increased significantly grown in the last few years. It is therefore important for you as a merchant to protect your online business against possible financial loss caused by fraud.

As a full service Payment Service Provider, ChronoPay provides you with advanced anti fraud solutions to allow you to transact business securely online and to ensure that your customer's details remain secure throughout the transaction process.

ChronoPay offers merchants its proprietary fraud screening system, known as "ChronoMethod", which is one of the most efficient fraud filters ever built. Enlisting both tried and proven recognition methodologies, as well as many new and innovative identification techniques, ChronoMethod shields you from costly and damaging Internet fraud. The system takes advantage of many years of credit card transaction technology and database experience, and converts it into a product that delivers aggressive fraud containment.

Features

• A unique mechanism that allows for tuning and analysis of over 70 automatic filter groups for maximum control over payment processing and safety. We have pre-set modes for various business types that can be further tuned to the business model of the merchant
• Set a minimum and a maximum transaction amount
• Immediate blocking of purchase attempts in case of proven fraud
• (Temporary) blocking of a particular IP address, country of credit card (black list)
• Ability for manual screening of all suspicious transactions by our Risk Department specialists and chargeback dispute resolution.

ChronoPay supports the 3-D Secure programs Verified by Visa and MasterCard SecureCode.

Key benefits

• Our fraud prevention solutions are designed to minimize chargeback ratios and maximize merchant profitability.
• Use of the latest anti fraud initiatives such as 3D Secure
• An experienced Risk Management team
• No extra costs for use of “ChronoMethod”. It is an essential and standard part of our complete online payment solutions
• ChronoPay provides consultations for necessary adjustments to the payments processes to ensure best fraud control practices