Pensio, ReD partner to deliver payment and fraud prevention solution

Thursday 16 January 2014 11:30 CET | News

Pensio, a Danish payment management company, and ReD, a global provider of fraud prevention and payment services, have teamed up to offer an integrated, tailored fraud screening solution to Pensio’s merchant customers.

The integration of ReD’s Shield fraud prevention solution into its proprietary payment services platform has enabled Pensio to present customers across multiple sectors with a choice of two fraud prevention offerings. The first is an implemented solution that uses fraud rules based on the industry or sector in which the retailer operates. The second delivers a customised solution of uniquely tailored rules, for individual retailers with specific or complex requirements.

The first merchant to take advantage of the integrated service is progressive retailer LN-CC.

Pensio delivers technical processing and reconciliation of payments across Nordics, Europe, Asia and the US.

In recent news, ReD has partnered Turkish payments provider 3pay, to deliver a fraud prevention and payments solution to Turkey.

For more information about ReD, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.

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Keywords: Pensio, ReD, fraud prevention solution, online fraud, payment management
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime