Visanet Peru and CyberSource together to prevent online fraud in Peru
CyberSource solution, Decision Manager, includes the world's largest fraud detection radar that allows safer online sales and a positive buying experience for their customers
Peru, December 6th, 2012—
Visanet Peru, the acquiring company in charge of Visa in Peru, joins CyberSource, the payment management company, to prevent online fraud in Peru. With this alliance, CyberSource consolidates its presence in Latin America, since it already operates in Brazil, Colombia, Chile, Mexico and Peru.
Guillermo Rospigliosi, CyberSource General Manager for Latin America pointed out: “We are very enthusiastic about this alliance between CyberSource and Visanet. It will be a contribution for the evolution of eCommerce in Peru. We are empowering merchants in Peru with a solution that will allow them a sustained growth of their businesses by increasing their operative margins, by helping them avoid process fraudulent orders. And we can do all this, ensuring a positive customer experience.”
Mario Arrus, General Manager of Visanet Peru, pointed out that “eCommerce in Latin America has grown more than 401. Now, the transactions of online businesses in Peru will be analyzed and monitored by CyberSource online fraud management solution. With this alliance, we are providing online merchants in Peru with a world class tool that will allow them to have a sustainable and safe growth in the short term; that is, in one or two years.”
What is CyberSource Decision Manager?
Decision Manager is a fraud management and prevention platform that helps online businesses make more accurate decisions about which orders they should accept or reject. Decision Manager includes the world's largest fraud detection radar. This allows merchants to have their orders analyzed and compared to more than 60 billion transactions that Visa and CyberSource process annually. This way, online merchants in Peru will have the possibility to make swift and accurate decisions when faced with suspicious orders. Also, the portal is equipped with advanced technology in fraud management and prevention, such as device identification (Device Fingerprint) and IPs geo localization, among others.
How does CyberSource online fraud management tool work?
Each order that CyberSource receives is tested by up to 260 different variables and, depending on the results, online merchants in Peru will be recommended that they accept or reject the order, or submit it for further additional review. All this takes approximately two seconds, and it is completely transparent to the customer. Apart from reducing the amount of orders for manual review, Decision Manager accurately identifies those fraudulent operations and helps to convert a higher amount of online sales.
If you want to know more about CyberSource Decision Manager, please visit: www.cybersource.com/es-LAC/.
1. A 2012 Research on eCommerce by América Economía.
About Visanet Peru
Visanet Peru, the company that helps businesses in Peru grow, is the first net for online payment. It helps 70.000 big, medium-sized and small businesses in the country. Its platform guaranties continuing and safe operation for all transactions made in Peru with Visa credit cards.
About CyberSource
CyberSource, a subsidiary of Visa Inc., is a payment management company. Over 370,000 companies around the globe use CyberSource and Authorize.Net solutions to process online payments, streamline fraud management, and simplify payment security. The company is headquartered in San Francisco, with international offices as regional headquarters in Mexico DF/Miami/Sao Paulo (Latin America and the Caribbean), Singapore (Pacific Asia); Tokio (Japan) and Reading, United Kingdom (Europe/Middle East /Africa). CyberSource operates under contract terms with Visa Europe. If you want more information, please visit: www.cybersource.com.
Corporate Communications Contact:
Valerie Jaimes
Corporate Communications
CyberSource, a Visa Company
305-328-1268
vjaimes@visa.com
Milagros Aguayo Kenny
Communications Officer
VisaNet Perú
213.2300
maguayo@visanet.com.pe
Global Corporate Relations:
Aida Hadzibegovic650-432-2990
globalmedia@visa.com
