The Paypers: PAY.ON, Kount in strategic alliance06-Feb-2014
PAY.ON, a global provider of online payment and risk management technologies, and US fraud-fighting technology developer Kount have entered into a strategic cooperation.
Under the agreement, PAY.ON is integrating the services of the Kount Complete platform and fraud control technology Kount SMB into its infrastructure platforms, making solutions from Kount available to all clients around the world – from PSPs and ISOs to acquirers and other financial institutions. At the same time, PAY.ON and Kount are combining their global distribution network to promote the mutual expansion of their client base.
The prevention of fraud and chargebacks are two key challenges for PSPs and ISOs when it comes to protecting their merchants and their customers. The constant expansion of security barriers is an ongoing task in order to minimise fraud using all the technology available and to prevent chargebacks while supporting improved sales conversion rates. View online at The Paypers.