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Telesign offers Realtime Phone Verification to Reduce Credit Card Frauds and Chargebacks.
Credit and charge card fraud costs cardholders and issuers hundreds of millions of dollars each year. Credit card frauds usually takes two forms. The shopper himself denies buying an item that he's bought and then issues a chargeback. Or, the credit card information has been stolen and used to purchase goods online.
Visa, Mastercard, Discover, American Express or other Credit Card issuers have a very low tolerance for chargebacks such as 1% for Mastercard and 2% for Visa. When a chargeback comes thru, the Merchant typically pays a hefty fee and stand to lose their merchant account and future ability to charge their customers.
Online Merchants can now protect themselves from fake credit cards, stolen credit cards, and more by utilizing Telesign's real time phone verification. This can cut down chargeback rates drastically.
Telesign's technology guarantees that your customers provide you with a working, traceable telephone number.
An automated telephone call is placed to the web user, who is told a unique security code. The user then enters that code into their computer, which completes verification. TeleSign authenticates your customer's telephone number and effectively ensures that "bad apple" web users are rooted out before they can ever inflict damage to your online business.
When you combine telephone verification with PhoneID, you’ll know the type of phone your customers are using (VOIP, Prepaid Mobile, Fixed-Line or Restricted).
Benefits: Reduces fraud and chargebacks, Eliminates the need for manual verification and more reliable than Email Verify. TeleSign Corporation is a leading innovator in Internet security.
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| FREE Phone Verification DEMO |
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| Click here for a free demo on Verisign's Real Time Telephone Number Verification. Authenticate your customers and avoid costly credit card or chargeback scams. |
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