PaySecuri helps make credit card payments secure.
Prevent fraud and chargebacks by making your card-not-present transactions secure
Retailers stand to lose about $130 billion in revenue on fraudulent card-not-present transactions between now and 2023 as they fail to keep up with digital fraud detection and prevention measures.
Fraud where someone poses as a real person when applying for credit have jumped 84 per cent over the past five years…we all need to step up our game.
Over 80 percent of credit cards currently in people’s wallets have already been compromised…Small retailers pay the price.
Your Business is Protected
PaySecuri's credit card payment security system makes your card-not-present transactions secure. In contrast to card-present transactions, business owners and merchants are by default responsible for card-not-present credit card fraud.
That’s why your business needs extra security to take orders over the phone. This is what PaySecuri does by verifying the cardholder identity and help protect your business against credit card fraud.
Credit Card Fraud is Everywhere
Global losses to credit card fraud rose to $27.85 billion in 2018, up 16% from 2017. One-third of these losses happens in the US and about $800 million in Canada. And as large scale data breaches continue, some estimates suggest that up to 80% of credit cards are compromised.
With the introduction of the card chip (EMV), in store card-present fraud has declined. But this has only meant that fraudsters have turned their attention to card-not-present fraud, such as ordering over the phone, which has seen an increase of 34 percent. In these cases merchants and small business owners are responsible.
Learn about the risk of credit card fraud
More about credit card fraud from our blog
The App Coming Soon!
PaySecuri works on your desktop computer or tablet next to your credit card terminal. We are working on the app, which will make it possible for you to verify credit cards on your phone.