Keeping the customers you want. Getting rid of the fraudsters you don’t.
A route to the digital era
At BarterPay, we believe that high-quality, well-maintained data is the lifeblood of effective screening engines, and that the right combination of information and technology can deliver an efficient compliance program that doesn’t cut corners.
BarterPay Security Key
BarterPay has developed its proprietary software and created the BarterPay Security Key (BPS) which acts as a secure key that removes the fraud within the online payment systems.
Due to the digitization and implementation of the BPS key, every component of the payment transaction is recorded, safeguarding the payment information from data breaches, cyberattacks and fraud, which can substantially impact the success of the business, while also providing real-time KYC, AML and substantially reducing chargebacks from its customers.
How it works
Transaction monitoring & behavioral analysis against chargebacks
Sometimes, customers make legitimate purchases and then request chargebacks to get refunds while also keeping products.
With BPS’s full KYC and transaction monitoring, it recognizes suspicious requests and contests the chargebacks
Stop payment card fraud with velocity rules
Criminals steal a credit card or acquire its details without a physical card and take out the money or make fraudulent payments with the card. All the transactions made without the cardholder’s approval fall under the credit card fraud category and are part of online payment fraud.
BPS’s full KYC and transaction monitoring makes sure that the customer is indeed who they say they are and that they receive their goods
About us
We help our customers fight financial crime. Through our proprietary software, our clients can use the BarterPay Security Key to onboard their customers with ease and remove the fraudulent transactions within their system.
BarterPay is owned and operated by Retsof Holdings INC.