PayShield, Verifi partner to boost chargeback prevention solution

Monday 1 February 2021 11:32 CET | News

Australia-based payment protection company PayShield has partnered with Visa company Verifi to deliver enhanced capabilities for PayShield’s ‘Express Resolve’ chargeback prevention solution in Asia Pacific.

The partnership leverages Verifi’s PREVENT, RESOLVE, and INFORM pre-dispute management products to help protect ecommerce merchants from fraud, disputes, and chargebacks through a single fraud and dispute management platform.

PayShield’s ‘Express Resolve’ now enables online merchants to deflect pre-disputes at first customer inquiry, obtain automated dispute resolution based on merchant-defined rules, and leverage access to fraud and dispute notifications post-transaction to reduce future payment risk.

PayShield’s AI-based fraud prevention platform uses rule-based and machine learning techniques to detect and respond in real-time to deliver fraud protection, chargeback reduction, and revenue recovery for merchants and partners worldwide.

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Keywords: payShield, Verifi, partnership, chargeback prevention, fraud prevention, disputes, merchants, AI, machine learning, payment risk
Categories: Fraud & Financial Crime
Countries: Asia, Australia
This article is part of category

Fraud & Financial Crime