EMerchantPay, the trusted global leader in international payment processing for e-commerce, recurring payments, virtual terminals and more announced today its partnership with Iris Analytics, a provider of fraud prevention solutions and risk management consulting services.
As part of the partnership, eMerchantPay adds real-time transaction analysis technology from IRIS Analytics to its arsenal of fraud protection mechanisms.
"IRIS will give eMerchantPay a centralized point of transaction monitoring across different entities which will lead to reduction of the fraud to sale ratio along with instant decision-making on the transaction flow," states Yoni Roth, CRO of eMerchantPay.
Merchants will also be granted the right of extended control over their volume through specific rule setting capabilities to maximize the pass-through of good transactions.
IRIS Analytics' flagship product IRIS will be used to monitor the whole range of eMerchantPay user activities, such as payments, pay-outs, user registrations, etc., in real-time. IRIS will also be used to consolidate information from eMerchantPay's other fraud tools, and give a consistent and reliable recommendation for each payment transaction processed by eMerchantPay, in real-time.
"The analytical strengths and the highly flexible decision making mechanisms of IRIS help eMerchantPay merchants to convert unknown customers into secure customers. In turn, merchants benefit from both fraud reduction and higher sales volumes," adds Nikolaus D. Bayer, managing director at IRIS Analytics. "We are very pleased to add eMerchantPay to our growing list of PSP customers."
The IRIS fraud technology corresponds to various business and partnership needs and further develops eMerchantPay's capabilities for risk management services suitable to multiple global e-commerce industries.