with a simple
Find out how.
with a simple
Find out how.
NO FRICTION AT CHECKOUT
To authenticate a transaction, the 3D Secure program used to require the consumer to complete an additional step at checkout, increasing cart abandonment. This ranged from social security number to a designated password. However, this usually no longer the case. 3D Secure verification now occurs without taking the consumer through any extra step.
Authentication happens on the backend, running a transaction’s details against existing data that the card issuer has on file. This occurs “behind the scenes”, with the only changed thing from a user standpoint being a 15-second processing time.
FRAUD PROTECTION, NOT PREVENTION.
Fraud prevention tools, at best, can only offer guesstimates as to whether a transaction is fraudulent. Once a fraudulent transaction is approved, the merchant takes the fall. On the contrary, PAAY’s software offers fraud protection. Even if a transaction is disputed, merchants don’t have to worry, as the cost is now on the card issuer.
FRIENDLY FRAUD PROTECTION
Friendly fraud cannot be stopped by fraud prevention tools. To put it simply, since it’s not a truly fraudulent transaction, it cannot be detected as one. With PAAY, 3D Secure authentication shifts liability to the card issuers, for both friendly and criminal fraud.
NO FALSE DECLINES
Fraud prevention tools detect whether there’s a high possibility a transaction is fraudulent, and “flag” it. Declined transactions means lost revenue, and as if that isn’t enough, the detection is sometimes a false alarm. With PAAY, all transactions get accepted, and transactions that get authenticated, qualify for chargeback protection. Merchants can maximize revenue, without the risk of having costly chargebacks. This is the definition of best of both worlds.
Questions? We have answers.
Which shopping carts does PAAY support?
PAAY’s products can work with all shopping carts. We have developed checkout plugins for WooCommerce, Gravity Forms, Prestashop and OpenCart. We also have an open API, so that any merchant can redirect customers to the PAAY checkout page. Finally, we offer our 3D Secure authentication as strictly backend solution for all carts. Browse the list of our products here and see what fits with your needs.
How do I start using PAAY?
You can start using PAAY within a day! Sign up below and we will reach out shortly. To get you started, we just need your MID and processing information.
How do I add PAAY to my website?
The installation process varies, depending on the platform you are using. Once we know your shopping cart, we will send you the instructions needed.
How does PAAY protect from fraud and chargebacks?
PAAY prevents fraud and chargebacks because its software is integrated with Visa and MasterCard’s 3D Secure program. The software sits between the shopping cart and the gateway, and every transaction that runs through PAAY, is authenticated with a “digital signature”. This, in turn, protects merchants from any fraudulent chargebacks, shifting liability onto the bank issuers.
Which chargeback codes does PAAY protect from?
PAAY shifts liability to the card issuers on the following chargeback codes:
Visa Reason codes
75: Cardholder does not recognize transaction.
83: Fraud Transaction – Card Absent Environment.
MasterCard Reason codes
4837: No cardholder authorization.
4849: Questionable merchant activity.
4863: Cardholder does not recognize – potential fraud.
To learn more about PAAY, sign up in the form below or reach out to us at firstname.lastname@example.org. We’re always here to help!
NOW IS THE TIME TO FIGHT ONLINE FRAUD.
Contact us for more information on how PAAY will revolutionize the way you take payments.