Advanced Payment Security Solution

The client

Securter

Project Overview

Created an advanced payment security solution and mobile apps to reduce online fraud and chargebacks using proprietary risk management algorithms.

Challenges

The primary challenge was to combat online payment fraud and reduce credit card chargebacks. This required a novel and highly secure payment solution that could leverage modern technology to verify transactions more effectively than traditional methods.

Solution

Superscript Systems designed and delivered a comprehensive, multi-faceted payment security solution. The project involved developing multiple websites, backend services, and mobile applications (iOS and Android). The core of the solution lies in proprietary risk management algorithms combined with the ability for smartphones to read EMV-enabled credit cards for transaction verification.

Results

An advanced payment security platform was successfully created, which effectively reduces online fraud and credit card chargebacks. The innovation behind the solution was significant enough to result in the filing of two patent applications.