32Red chooses PayPoint.net’s risk management platform, FraudGuard 4

Top British gaming operator 32Red today announces it has selected PayPoint.net to provide its risk management platform. PayPoint.net’s robust fraud management solution, FraudGuard 4, will assess all of 32Red’s online transactions from its worldwide customer base, enabling them to reduce operating risks as well as improving customer service and cash flow.

32Red can enjoy the benefits of FraudGuard 4’s powerful and highly flexible real-time functionality, allied with quick and intuitive web-based configuration and reporting. By offering a real-time service than can be tailored to address its specific needs, 32Red can make quick decisions when analysing the risk potential of a transaction. Importantly, it also means more valid transactions can be identified and accepted. 32Red can enjoy the efficiency of multi-level fraud screening which tackles a range of abuse with more complex velocity controls; it isolates fraud with identity morphing detection and deploys these controls around specific operational challenges using advanced scheduling.

Pat Harrison, Operations Director of 32Red, said “We chose PayPoint.net as our fraud protection provider simply because, in our eyes, FraudGuard 4 is the best in the market. It offers unparalleled flexibility in assessing risk, so we can accept more payments while maintaining stringent risk controls. This makes our service to our customers even more efficient. In our industry, being able to contain risks and respond fast to our customers means competitive edge. This is exactly what FraudGuard 4 gives us.”

Michael Norton, Managing Director of PayPoint.net, said “Having flexible, real-time payment and fraud management processes means gaming companies can give a better service to more players and protect themselves from fraud. By using our platform to manage their exposure to fraud, 32Red can free its internal resources to focus on its core business. We are constantly enhancing and evolving FraudGuard based on the feedback from our clients, so we can provide them with the best possible service.”

ENDS….

Contacts
Karla Winch / Katie Buckett
Brands2Life
020 7592 1200
paypoint2@brands2life.com

About PayPoint.net
PayPoint.net is an internet payment service provider that helps businesses take advantage of the opportunities, and manage the risks, of trading online. Drawing on its 12-year heritage in online payments, it provides a highly secure payment platform and FraudGuard, one of the most advanced online fraud management systems on the market.

Its customers span high-profile retail brands such as Paul Smith, UNIQLO and Firebox.com, small business and start-ups, for which it can arrange all the facilities needed to trade online in just 24 hours.

PayPoint.net is certified to the highest level of the Payment Card Industry Digital Security Standard (PCI DSS), offering all its customers compliance by default. Additionally, it has links with multiple acquiring banks, accepts all major payment cards and online payment schemes, and can process payments made online in cash, at more than 22,000 local shops equipped with PayPoint terminals throughout the UK.

PayPoint.net is part of the PayPoint group.