The CyberSource Internet Fraud Screen enhanced by Visa screens e-commerce transactions and measures the level of risk associated with each order, returning a related risk score back to the merchant in real time. Not only does this provide a more efficient risk management tool for merchants but also it provides a higher level of security online. Keeping with the Visa tradition of ensuring cardholder privacy, no individual cardholder data will be exchanged during the fraud screening process. The product also uses data validation, artificial intelligence pattern matching, network data aggregation and negative file checks as it examines more than 150 different factors to calculate the risk of fraud associated with an online purchase. Merchants have the flexibility to custom tailor for specific seasonal or other deviations in their expected customer behaviour.
Merchants then make a decision about whether to accept or reject the order.
The average time for the fraud screening process is less than five seconds. The CyberSource Internet Fraud Screen enhanced by Visa is currently available, with preferred pricing, from CyberSource and its authorized resellers. Merchants are eligible to receive significant discounts off the fraud scoring charges for all Visa transactions.