Fraud
and Risk Management (FRISK)
The proprietary FRISK risk management
system from Fast Charge provides a sophisticated suite
of fraud detection and prevention options. Each transaction
submitted can be filtered through a comprehensive series
of fraud detection rules to determine potential risk.
Configuration of these rules is under your complete
control using our user-friendly Online Merchant Center
administration web site.
FRISK features:
- Negative Account Blocking - Reject transactions
from known fraudulent account numbers from over
65,000 merchants already using the FRISK system.
- Cramming Protection - Prevent the use of credit
card or ACH number generating schemes by limiting
the number of transactions allowed from a given
IP address.
- Domain Blocking - Filter transactions by the Internet
domain associated with the customer's email address.
- Country Blocking - Filter transactions by the
Internet domain associated with the customer's country
code.
- Prevent Duplicate Transactions - Track recent
transactions to ensure the same transaction is not
authorized more than once. This eliminates problems
due to "double clicking" the transaction
submit button as well as duplicate submittal of
batch transactions.
- IP Activity Limit - Limit the number of accepted
transactions from a given IP address.
- Large Transaction Notification - This feature
examines the transaction amount after the transaction
has been accepted. When the amount exceeds an amount
specified by the merchant an e-mail is sent notifying
the merchant that the amount has exceeded the threshold.
The merchant can then review the transaction, refuse
the sale before any products are shipped, and credit
back the consumer at a later time.
- Address Verification (AVS) - AVS matches the known
address information associated with the given credit
card number against the billing address information
provided by the user. If the information does not
match, the transaction is declined. The merchant
has the option of choosing the level of match required
for an approved transaction.
- CVV2 - CVV2, or Card Verification Value 2, is
a number that is printed, not imprinted, on Visa
and Mastercard. This number is never transferred
during card swipes and should only be known by the
cardholder, the person holding the card in their
hand.
- Reject Free Email Address - checks the e-mail
address of the consumer against a database of free
e-mail providers. Transactions in which the email
domain of the consumer is in this database are declined.
Need more information? Our experienced customer
service representatives can step you through the
process and answer any questions you have about
processing payments on your web site. Click here
to contact them
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