maxiPago! Selects Kount to Bolster Fraud Protection

08-May-2012

maxiPago! Selects Kount to Bolster Fraud Protection for its Multi-Currency Solution

Rio de Janiero, Brazil & Boise, ID – maxiPago!, the first gateway/payment services provider built for Latin America which provides local payments solutions with global processing standards, announced the selection of Kount, Inc. as its strategic partner in delivering world-class fraud detection and prevention services for its customers. Kount specializes in card-not-present (CNP) fraud prevention, protecting some of the best-known brands in the world.

maxiPago! is one of the most advanced payment gateways available with several unique features and functionality specifically developed for Latin America including recurring payments, card on file, customer payment portal, PCI DSS Compliance support, hosted payments, tokenization and reconciliation. Kount’s fraud platform will be offered to LatAm merchants through the maxiPago! platform, adding protection to help maximize sales and reduce fraudulent transactions.

“The maxiPago! gateway is one of the most powerful, feature-rich platforms in Latin America which positions maxiPago! as a leader in the payment gateway space throughout the region.” said Steve Rouse, COO, Kount. “Maxipago! customers will feel more confident knowing that Kount’s superior fraud-fighting platform and capabilities are combining with maxiPago!’s services to enable them to accept more orders from more people in more places.”

“maxiPago!’s mission is to provide the most efficient payments solutions for Latin America and we found that Kount’s fraud solutions perfectly matches and complements our mission., noted Svante Westerberg, CEO, maxiPago! “We strongly believe that the combination of the maxiPago! gateway and Kount’s real-time fraud management tools will revolutionize the capabilities of our LatAm merchants to increase sales while maintaining a low operational cost per transaction.”

Kount detects and prevents fraud for merchants, financial institutions, online communities and other online businesses. For each transaction, Kount’s processing engine analyzes hundreds of relevant variables and activity across the globe in real time, then delivers a highly predictive risk assessment in less than one second. Companies using Kount solutions have greater visibility into fraudulent activities, allowing them to control risk associated with fraud while maximizing sales and dramatically reducing the need for manual review. 

maxiPago! and Kount will be attending the upcoming eTail Latin America Conference held in Miami, Florida, May 9 – 12 at the Trump International Beach Resort. Both companies will be serving on panels discussing the issues associated with payments and fraud in Latin American markets. For more details, visit http://www.wbresearch.com/etaillatinamerica/home.aspx

About maxiPago!

maxiPago!, http://www.maxipago.com, is based in Brazil and is the first Gateway/PSP built for LatAm providing local payments solutions with global processing standards. With unparalleled capacity, availability and efficiency, maxiPago! offers consolidated access to relevant local payment methods in Brazil, Mexico, Argentina, Chile and Colombia. In addition, maxiPago! offers several unique products and features such as; credit card reconciliation, recurring billing, hosted PCI/tokenization, fraud tools and mobile payments. maxiPago! was founded by and is run by a highly experienced team of payments and eCommerce executives/professionals. For more information, please visit www.maxipago.com.

About Kount

Kount delivers an all-in-one fraud and risk management solution for companies operating in card-not-present environments looking to simplify their fraud/risk operations and dramatically improve bottom line profitability. Kount provides a single, turnkey fraud solution that is easy-to-implement and easy-to-use. Kount’s proprietary technology has reviewed hundreds of millions of transactions and provides maximum protection for some of the world’s best-known brands. For more information about Kount, please visit www.kount.com.

Media Contact
Don Bush
Don.bush@kount.com
208.489.3346