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February 9, 2018

BlueSnap upgrades All-in-one payment platform

BlueSnap, a US-based payments technology firm, has upgraded its end-to-end fraud and risk management in the All-in-one payment platform to safeguard customers from fraud.

BlueSnap said that its solution includes a suite of fraud prevention and risk management tools, allowing businesses to accept more orders, from more people, and in more places.

The platform features fraud solution built-in from Kount, Chargebacks 911, Verifi, Ethoca, and CardinalCommerce for 3-D Secure.

Kount Central reviews information gathered in real-time, evaluates against hundreds of data points and then aligns to merchant’s specific business policies.

Chargebacks911 manages chargebacks to protect businesses against invalid disputes and friendly fraud.

Verifi CDRN and Ethoca Alerts can stop chargebacks before they happen and can prevent up to 40% of fraud and non-fraud related chargebacks.

Cardinal Consumer Authentication, which uses 3-D Secure, will authorise card-not-present transactions, allowing businesses to implement an additional layer of protection.

BlueSnap CEO Ralph Dangelmaier said: “Our goal is to help businesses accept more payments with our Platform without the hassle of having to manage multiple integrations.

“Building this critical functionality into our solution allows businesses to fraud-proof their payments with a single connection to our Platform.”

Kount CEO Brad Wiskirchen said: “Kount Central is designed specifically to support BlueSnap’s offering to its merchants helping them accept more good orders.

“Through our partnership, we have collaborated to reduce chargeback rates even during BlueSnap’s accelerated growth, allowing them to concentrate on innovations like these and not worry about fraud.”

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