Ezic Announces Advanced Check Fraud Protection and Processing Upgrades
April 2008 (Chicago, Illinois)
- Ezic, Inc., a leading provider of digital payment solutions announces new enhancements to its payment-processing Gateway. Ezic introduces additional EZICheck™ fraud prevention features, upgrades to the Gateway's processing options, additional Chargeback Lookout™ capabilities, and improved reporting performance.
Ezic has updated its fraud-scrubbing tool, Fraud Barricade™ for checks, with the release of the EZICheck Visual Authorization Capture. This feature will help Merchants decrease their number of fraudulent check transactions and significantly reduce their "not-authorized" chargeback percentages, in accordance with NACHA's new Network Enforcement Rule.
"The Visual Authorization Capture is an exciting new component in our abuse prevention stack for EZICheck transactions," says Fredrik Sjoholm, Ezic's founder and Chief Technical Officer. "Visual Authorization Capture ensures that every purchase is explicitly authorized by the account holder. We store a pixel-perfect visual record of the authorization for future reference, exactly as seen and agreed to by the account holder at the time of purchase."
Several enhancements have been made to the Gateway's processing options as well, including the addition of Load Ratios and Cascading Processors. These features will be beneficial for high-risk Merchants.
Ezic has also expanded its chargeback tracking and reporting tool, Chargeback Lookout, to allow Merchants and Agents to access advanced chargeback data and reports in real-time. In addition to the interactive reporting system, Merchants are now able to retrieve chargeback data through Ezic's customizable automated reporting tool, Scriptable Reporting Interface.
"Ezic continues to provide market-driven features to our Resellers so they can offer Merchants advanced fraud protection tools, convenient and efficient reporting capabilities, and versatile transaction processing options," says Bridget Weiss, Director of Reseller Development for Ezic.
For additional information on Ezic's Internet Payment Platform, please contact Jim Mouzakiotis, Vice President of Channel Sales at 847-327-9870 x111.
About Ezic
Ezic, Inc. has been the leader in high-performance digital payment solutions since 1999, and is the largest Private Gateway provider in the industry. Our payment-processing Gateway offers Agents and Merchants superior convenience, continuous market-driven advanced product development, and complete multi-level security against fraud for all Internet-based transactions.
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