Printer Friendly

WorldAlert online fraud prevention system shipping from WorldPay.

INTERNET BUSINESS NEWS-(C)1995-2002 M2 COMMUNICATIONS LTD

Payment processor WorldPay has launched WorldAlert, its new e-commerce offering for managing anti-fraud protection.

The new release monitors each transaction and detects any patterns of fraudulent buying behaviour. If any are detected, the software alerts the retailer and gives them the choice of declining the transaction.

According to the company, the launch of WorldAlert comes in response to a study carried out by Experian that found that over 97% of online retailers have been a victim of fraud at some point in the last year.

The cost of the WorldPay WorldAlert system was not revealed.

((Comments on this story may be sent to info@m2.com))
COPYRIGHT 2002 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Comment:WorldAlert online fraud prevention system shipping from WorldPay.(Brief Article)
Publication:Internet Business News
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2002
Words:114
Previous Article:DoubleClick survey shows US e-mail marketing budgets set to rise.
Next Article:Spanish parliament passes new Internet law.
Topics:


Related Articles
WorldPay to introduce fraud guarantee for online payments.
WorldPay reveals results of new e-commerce survey.
WorldPay survey shows euro adoption encourages online sales in the EU.
FraudForum opts for WorldPay transaction processing.
WorldPay opts for MasterCard authentication system.
WorldPay products chosen by three UK universities.
The vocal web.
Scam alert.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters