SafePay Network: Anti-fraud Solution
SafePay Network: Anti-fraud Solution
Online payment fraud is the fastest growing type of fraud across the global payment landscape. With all occurrences of online fraud, merchants are held 100% liable. This liability includes fraud-chargebacks, loss of goods/services, replenishment costs, further penalties and other administration costs. This can be very crippling to your business and bottom line.Using its proprietary solution, SafePay Network Inc. is committed to protecting both your business and customers against online payment fraud, 24/7. There is no disruption to your business or your customers’ experiences. There are no cart abandonment issues. Consumers will have a greater peace of mind shopping online with your business because they feel safer!! This service is completely free to consumers to register and it’s incredibly simple to setup. It’s truly simple, safe and seamless.
How Does SafePay Work?
Each time a registered customer’s payment information is entered in the shopping cart, SafePay Network sends a real-time Verification Request directly to their SafePay smartphone app, asking them to verify the activity:- If the online transaction is legitimate, customers would simply click the “Confirm” button on the SafePay app and they safely proceed to the final checkout, completing the transaction;
- If the online activity is a result of a fraudulent attack, the customer would simply click the “Deny” button and this would immediately terminate the online order before it becomes a transaction. This would instantly protect your business from a fraud-chargeback penalty and other financial losses.
- When registered customers don’t respond to their SafePay Verification Request in time (“Time-Outs”), you can elect to
a) Allow all transactions to move to the final stages of the checkout; or
b) Force all transactions to “Restart”, requesting them to respond to the SafePay Verification Request; or
c) Set dollar threshold amounts to control transactions that fall under this value to move to the final stages of the checkout; and for all transactions that are above the threshold amount to “Restart”, reminding the registered customer to respond to their verification request.
(The above settings can be managed from within the SafePay Admin Control Panel on the module.)
- If the customer is not registered with SafePay, it's truly business as usual as SafePay Network doesn’t get involved and this means NO disruption to your online business.
The SafePay Network solution has been purposefully designed to create a safe and seamless experience to both your business and customers; and the entire verification process takes place in seconds. Please feel free to view our video, which demonstrates how SafePay works: https://www.usesafepay.com/portal/howitworks.
How To Register
1) Download the SafePay Network Extension File for Magento;2) Register your subscription account with SafePay Network by visiting: https://www.usesafepay.com/portal/register_retailer.
3) Once you have completed the registration and subscription of your SafePay Online Retailer Account, enter your SafePay Username and Password into the Control Admin Panel on the SafePay Network Extension File. It’s that simple!!
For more information about SafePay Network, please visit www.usesafepay.com, or email us at This email address is being protected from spambots. You need JavaScript enabled to view it. with any specific questions you may have.
SafePay - Simply the Safe Way to Pay.