Your Trusted Payment Gateway

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1 Your Trusted Payment Gateway Online financial transactions made more secured with this simplified payment gateway Latest encryption technology in RapidoPayments, tested against various security compromises up to 100% success rate

2 Implementation of advanced encryption technology to make your financial transactions secured from the threat of online thefts ABOUT US RapidoPayments is established in the early months of Headquartered in Panama, the company has considered establishing Panama offices keeping in mind its rapid popularity with finance and accounting services. Ecosystem of online transaction is the prime target of cyber-thieves. RapidoPayments gateway offers safe online transaction platform for merchants, vendors and general users. This technology driven payment solution has implemented end-to-end encryption technique to develop this error proof platform. Users could select multiple options for making online transactions. 1

3 PAYMENT SERVICE PROVIDER RapidoPayments gateway is capable of dealing with huge amount of financial transactions that are in particular dealt in by banking and accounting service providers. The clients include capital market service providers as well. Along with this, ecommerce websites could integrate this gateway to offer a secured financial transaction medium to huge number of users. Well aware of the client requirements, RapidoPayments believes in establishing long lasting professional relations with each and every one of its customer base and offers 24*7 client-supports. 2

4 Our Director Mr. Kunal Gupta (Director & Share Holder) Mr. Kunal Gupta, BCA from PESIT (Bangalore) is having over 8 years of experience in Onshore management, finance, team Leadership and business strategy management. He has worked with Infosys for two years as software engineer. He is an excellent communicator with highly nurtured interpersonal, analytical, and presentation skills, with an ability to relate with people at all levels of business and management. 3

5 Features Cross Parameter Checks Detects suspicious behaviour using more than 20,000 rules plus velocity checks maintained by our experts address reputation Automatically determines the reputation of customer address Implement manual reviews to increase acceptance rate and conversion Flexible 3DSecure Cross-Merchant Intelligence Aggregates the knowledge and experience gained from other merchants Manual Reviews Industry Templates Automatically implements and maintains sector specific risk profiles IP Geolocation Differentiates between threats and genuine transactions by pinpointing the buyer s location Real-Time Behavioral Mapping Performs real-time correlation of transactions to closely track unusual behaviours Implement dynamic use of 3D Secure to increase conversion Device Fingerprinting Identifies the unique device used for a fraudulent transaction and improves tracking 4

6 Credit Card: When you need online credit cards processing, it is best to use special merchant accounts especially designated for the purpose. The underlying procedures to open a new account are extremely easy with RapidoPayments and there are multiple benefits associated with it like one can easily access the facilities of in-built fraud protection methodologies and supreme customer support services. Debit Card: RapidoPayments gateway solution offers the services of secure online debit solutions, PIN and signature debit solutions. The consumers could use their check cards and bank ATM cards to purchase goods or services. At present, 65 percent of entire online payment is done by debit cards and so it is a good option to be explored. RapidoPayments ensures both the security of financial transactions and offers all-round customers services. Online/Net Banking: Net-banking facility offered by RapidoPayments lets you manage, pay or transfer your bills within or outside country boundary, in quickest time. You could be sure about the supreme quality of security features attached with it. One of the major benefits of using the Net-banking feature is that you could access it 24*7. 5

7 Real-time Transaction Flow With Fraud Check Customer Industry Templates Accept Transaction Rules Engine Manual review By You or By our Experts Fraud Score Block 6

8 Industry Templates Benefits from a custom fraud prevention policy is just a few clicks away Automatically implements and maintains sector-specific risk profiles Set-up a custom fraud prevention policy in just a few clicks Covers all major industry sectors Frequently updated as per latest 7

9 The Arsenal The RMS consists of more than 100+ rule based on parameters such as negative database, IP address, device identification, issuing bank, proxy detection, velocity checks, -id verification and address validation with telephone verification of zip code etc. The system helps us to identify and curtail the fraud attacks. Few of them have been explained in brief in next slides: IP checks Time zone checks Velocity checks Various reverse lookups Geo-location vs. BIN checks Device fingerprinting Network packet analysis (Proxy, VPN, Tor detection) Behavioral mapping Machine learning systems Manual reviews 8

10 Velocity Checks: It used to protect merchants and minimize fraud by enabling them to set transaction frequency limits and card usage within a specific timeframe. These features enable merchants to be alerted when there are possible instances of fraud due to abnormal buying behaviors such as: Buying 10 times using the same card in the span of 30 minutes Multiple order using different cards but shipped to the same address Multiple orders using different cards, names, and addresses but all from the same IP address Frequency of orders coming from the same URL Check: check offers a layer of secured financial transaction wherein s are sent to customers in order to receive their approval for the transaction. Only after they confirm it, the transaction takes place in reality. BIN Check: Validates the card-issuing bank by checking the BIN. IP Check/Block: The IP address checker compares the country written down on the billing address of the product/service and compares it with the location placed by the customer in the order form. If there is a mismatch, chances are high that the transaction is a fraudulent one. 9

11 Address Check: Address checker matches the billing address entered by the buyer and compares it with information stored in the database of card issuing company. This unique tool helps to verify the fact that the customer who is using the credit card is the actual owner of the card. Device ID Check: Device ID checker tool helps to identify the ID of the visiting device (both static and mobile) to identify it with certainty thereby minimising the chances of fraudulent transactions. Device ID checker could operate on multiple operating systems like ios, Android, Microsoft, Linux and Mac. Country Check: Country checker tool helps to verify the security of line items to be included in accounting documents to make payments to creditors located in high-risk zone countries. One may describe a high-risk zone country that is predominated by high-level corrupt practices followed by governmental and private organisations. In addition, in these countries, stability of government is questionable. Most high-risk zone countries practice regulated trade regimes. Country checker compares a list of such countries when users apply for payments through credit cards. Billing and Shipping Address Check: When multiple financial transactions are completed by a single card with a variety of shipping addresses, chances are there that this is a possible theft case. Billing and Shipping address checker compares these 2 addresses. 10

12 Address Reputation Presence of an address in these data sources is determined in real time The address is then added to the database for future lookups. A negative database is maintained for known fraudulent transactions The older, the better for the transaction 31 Address If there is no hit In the database, the score goes up only slightly Address Reputation only adds to the fraud score it does not determine the fate of the transaction all by itself 11

13 Manual Review / Analysis in 3 steps Relevancy and Coherency Check Card data Billing and shipping info Geolocation Basket amount etc. Correlated Transactions Analysis Identification of all correlated transactions Behavior analysis and suspicious behavior identification Analysis done on all possible fraudulent transactions External investigation Internet and social networks Advanced Geolocation check Directories Whois etc High Risk Low Risk High Risk Low Risk 12

14 A Team Of Support E-Commerce Fraud Consultants Fraud Data Analysts Fraud & Technical Support Teams Fraud Manual Reviewers Product Management Team Development & Infrastructure Teams Availability of proficient and trained support team, as and when required Data-analysts constantly review the profiles of possible fraudsters Pro-active monitoring system to filter out fraudulent trends Availability of various packages based on requirements: Outsourced manual review services Dedicated e-commerce fraud consultant Ad hoc reports Periodic performance review 360 fraud management 13