NorseCorp, Quatrro Partner on Fraud-Fighting E-Commerce Gateway
May 3, 2013
Antifraud technology provider NorseCorp and e-commerce payments processor Quatrro announced at this week’s ETA Annual Meeting & Expo they have launched an e-commerce fraud protection solutions they said offers a tripe layer of protection. The companies collaborated on eCommerce Shield, a payment gateway integrated with fraud protection they said will give small and midsize businesses access to the same security enjoyed by larger merchants. The solution will rely on Internet security intelligence, advanced fraud detection technology and expert human analysis provided by NorseCorp delivered through Quatrro’s gateway.
“eCommerceShield protects merchants throughout the complete transaction lifecycle, both pre authorization and post authorization,” said Brent Gephart, vice president of payments strategy and operations for NorsePayments. “Other solutions rely on manual review, which the merchant is often responsible for, or outdated security data that is not going to protect merchants in the here and now. Fraud prevention needs to be fast and as close to real time as possible, before goods ship. That’s why eCommerceShield is an important new option for SMBs.”