AsiaPay Helps to protect merchants from fraudulent online transaction using PayAlert System

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 18, 2009 -- Merchants using PesoPay/AsiaPay payment service and solution will enjoy advanced protection against fraudulent or suspicious transactions using the sophisticated
PayAlert system.

Studies have shown, more than 50% of the consumer conduct searches on the Internet before making the purchase decision, regardless the transaction happens online or offline.
With this in mind, eMarketing in today's Internet Age has become the vital marketing tool, helping businesses to create product awareness, to develop buying interest and ultimately making the final purchase.

This real-time tool provides you with real-time transaction analysis, fraud pattern mapping especially on transaction origination, invalid attempts, velocity check, etc,.
for your business to assess the potential risk and take according verification or cancellation action.

Merchants will be alerted when PayAlert Monitor identifies suspicious or fraudulent transaction via real-time reporting and email alert (extendable to SMS).PayAlert assesses the risk level & shares the reason why it thinks you should verify the transaction

What are the Key Benefits:

First, Reduce fraudulent losses, chargebacks and fines
Second, Reduce overheads on transaction analysis, chargebacks and risk monitoring and
Lastly, Increase overall sales revenue

AsiaPay is a leading secure online and wireless payment service and solution provider.
AsiaPay blends state-of-the-art payment processing, risk management and security technology with quality account servicing,and offers a comprehensive suite of secure, cost-effective and value-add payment services and solutions in Hong Kong and Asia.

Riding on PesoPay - its secure multi-lingual, multi-currency, and multi-channel payment platform, we strive to offer one-stop, secure, cost-effective, user-friendly integrated and high performance eCommerce / mCommerce payment processing services and solutions to banks, corporates, merchants, charitable organizations and individuals, on credit cards as well as bank direct debit. And, to date, being a certified TPP and IPSP, we are pleased to provide quality ePayment services to almost 3,000 leading merchants and 11 banks and represent the leading credit card and payment providers in Asia.

For more details, please visit www.asiapay.com.ph and www.pesopay.com.

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