ReD Protects High-Risk Merchants in Croatia

Nov. 29, 2012

Antifraud solutions provider ReD yesterday unveiled an agreement with a Croatian payment service provider under which the London-based company will provide its ReD Shield online fraud prevention service to the PSP’s high-risk merchants. Webteh, Croatia’s largest PSP, will integrate ReD Shield into its online payment gateway for enhanced fraud detection and chargeback reduction.

“At Webteh, we specialize in providing payment processing services to high-risk merchants, including foreign exchange merchants and those offering luxury goods and services,” said Igor Grčman, CEO of Webteh. “As an independent, specialist fraud prevention provider, ReD is the perfect partner with whom to deliver an integrated payment and fraud prevention solution, tailored to the needs of our e-commerce merchant customers.”