AsiaPay Helps to Protect Merchants From Fraudulent Online Transaction Using PayAlert System

Makati City, Philippines (PressExposure) August 19, 2009 -- Merchants using PesoPay/AsiaPay payment service and solution will enjoy advanced protection against fraudulent or suspicious transactions using the sophisticated PayAlert system.

Studies have shown, more than 50% of the consumer conduct searches on the Internet before making the purchase decision, regardless the transaction happens online or offline. With this in mind, eMarketing in today's Internet Age has become the vital marketing tool, helping businesses to create product awareness, to develop buying interest and ultimately making the final purchase.

This real-time tool provides you with real-time transaction analysis, fraud pattern mapping especially on transaction origination, invalid attempts, velocity check, etc,. for your business to assess the potential risk and take according verification or cancellation action.

Merchants will be alerted when PayAlert Monitor identifies suspicious or fraudulent transaction via real-time reporting and email alert (extendable to SMS).PayAlert assesses the risk level & shares the reason why it thinks you should verify the transaction

What are the Key Benefits: First, Reduce fraudulent losses, chargebacks and fines Second, Reduce overheads on transaction analysis, chargebacks and risk monitoring and Lastly, Increase overall sales revenue

AsiaPay is a leading secure online and wireless payment service and solution provider. AsiaPay blends state-of-the-art payment processing, risk management and security technology with quality account servicing, and offers a comprehensive suite of secure, cost-effective and value-add payment services and solutions in Hong Kong and Asia.

Riding on PesoPay - its secure multi-lingual, multi-currency, and multi-channel payment platform, we strive to offer one-stop, secure, cost-effective, user-friendly integrated and high performance eCommerce / mCommerce payment processing services and solutions to banks, corporates, merchants, charitable organizations and individuals, on credit cards as well as bank direct debit. And, to date, being a certified TPP and IPSP, we are pleased to provide quality ePayment services to almost 3,000 leading merchants and 11 banks and represent the leading credit card and payment providers in Asia.

For more details, please visit http://www.asiapay.com.ph and http://www.pesopay.com.

About Asiapay Payments Technology Corp.

Asiapay Payment Technology Corp.
32-C, 32nd Flr Rufino Pacific Tower
6784 Ayala Avenue, Makati City Philippines 1226
+632-887-0088 / 887-2288
http://www.asiapay.com
http://www.pesopay.com

Press Release Source: http://PressExposure.com/PR/Asiapay_Payments_Technology_Corp..html

Press Release Submitted On: August 18, 2009 at 10:48 pm
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