SecureBuy, a provider of payments fraud prevention technology, has updated its eCommerce and mPayments fraud solution to allow merchants to process orders from blacklists, the company announced yesterday.
Through its SecureBuy 2.0 real-time passive authentication engine, SecureBuy presents consumers with 3D Secure, which protects merchants from fraud-related chargebacks.
"The merchant doesn't have to worry about financial loss from a particular transaction because all elevated high risk transactions automatically invoke active authentication (3D Secure.) Why wouldn't a merchant want to turn their blacklists into new sales revenue or process transactions from other countries without the associated risks?" said Chris Wooten, EVP of Sales.