ReD, a global payment and fraud prevention services company, has announced that they have signed a contract with PayU South Africa, the online and mPayments provider, to roll out online fraud protection services, reports The Paypers. ReD Shield online solution aims to help its eCommerce customers in South Africa fight online fraud activity. ReD’s services will protect payment transactions that are conducted via the Internet, mail order and telephone, or through interactive TV. The system will monitor and analyze card activity internationally to detect and avoid fraud.
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