PR.com: Business Directory, Press Releases, Jobs, Products, Services, Articles
 
Businesses Articles Press Releases Follow @PRcom
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site
 

Press Releases

 
Intelium Corp.

Press Release


Receive press releases from Intelium Corp.: By Email RSS Feeds:

Intelium Corp. Announces Release of Credit Card Fraud Prevention Service and Mobile App


Latest tool utilizes real-time GPS location and intelligent card detection to confirm buyer’s exact location and physical possession of charge card.

Lake Zurich, IL, August 16, 2018 --(PR.com)-- Intelium Corp., today announced it has released a revolutionary new tool designed to combat online credit card fraud called VerifySpot (www.verifyspot.com).

VerifySpot is designed to help online stores prevent fraud by verifying that a buyer has physical possession of the card they used to make an online purchase and that they are within a reasonable distance of their billing address.

After checkout, the customer is instructed to download the VerifySpot app and confirm possession of their card. The app asks the user to take a picture of the front and back of their credit card which is uploaded to the VerifySpot servers along with the user's real-time GPS location.

The merchant is then alerted to review the information for authenticity. VerifySpot does not take any action on behalf of the merchant and leaves the final transaction decision to the seller.

Reduce Chargebacks

VerifySpot helps reduce chargebacks by verifying credit card possession and real GPS based location of the customer at the time of purchase. Unlike IP location methods which can easily be spoofed with a proxy or VPN, phone based GPS coordinates cannot be spoofed (and if they are VerifySpot detects it).

Privacy Built In

To ensure maximum privacy and card holder security, VerifySpot immediately deletes all customer data including scanned credit card images and GPS coordinates after it is accessed and examined by the merchant.

VerifySpot does not collect any customer information from the merchant. Data related to buyer verification is encrypted using 2048 bit encryption.

Free to Merchant and Customer

VerifySpot is 100% free. No strings attached, no up-sells and no spying.

Intelium Corp. created VerifySpot to combat fraud on their own services and they are making it available to everyone.

About Intelium Corp.

Founded in 2008, Intelium Corp. is a privately owned Lake Zurich based software company with over 10 years experience creating powerful tools for the domain name investment industry.

Company Contact

Intelium Corp. - Luc Lezon - luc@intelium.com
Toll Free - 888-675-9595

Source

www.verifyspot.com
Contact Information
Intelium Corp.
Luc Lezon
888-675-9595
Contact
https://www.verifyspot.com

Click here to view the list of recent Press Releases from Intelium Corp.
Promote Your Business