This new service will ensure merchants can minimise their fraud costs while maximising their sales revenues and ensuring genuine transactions are successfully processed.
(PRWEB UK) 15 May 2013
ReD, a leading global fraud prevention provider, and Netherlands-based payments processing specialist EMS, have today announced a strategic partnership designed to support the fast growing ecommerce sector in Europe.
The two companies will be pairing to offer an enhanced range of fraud prevention and payments solutions to ecommerce merchants across the region. Through this new partnership, EMS will be working to introduce ReD and its market leading real-time fraud prevention service, Red Shield®, to their existing and prospective merchant customer base across the Benelux region and beyond.
Marc van Piggelen, Commercial Director at EMS, commented: “We are focused on providing a one-stop domestic and cross-border processing solution which enables our merchant customers to securely and confidently transact online. Over the past few years, we have seen a big increase in pan-European ecommerce volumes. However, with this has come a corresponding rise in the cost of fraud for many merchants. Recognising that fraud prevention is an integral part of the payments proposition, we determined the need to work with a specialist fraud solutions provider to deliver an enhanced service to our merchants, supporting their growth efforts more effectively. ReD are leaders in their field and can provide our merchants with the right tools and advice to efficiently screen all their transactions in real-time. This new service will ensure merchants can minimise their fraud costs while maximising their sales revenues and ensuring genuine transactions are successfully processed.”
Manish Patel, EMEA President for ReD, added: “EMS and ReD are a natural partnership. Both companies have a strong history of supporting ecommerce merchants across a variety of sectors and ReD’s expertise in online payments and fraud prevention will offer a valuable service enhancement for EMS merchants. Strengthening our presence across Europe is also an important part of ReD’s growth strategy and our new partnership with EMS will play a key role in supporting this aim.”
ReD is a world leader in fraud prevention services. Our solutions are present at every stage of the payments value chain, supporting merchants, PSPs, issuers and acquirers, processors and switch networks in the fight against fraud.
ReD is different. We are flexible and independent of any card scheme. We protect billions of transactions across multiple channels and payment types. Our proprietary technology is underpinned by world class fraud and risk analysts and pooled data from more than 190 countries. Each customer receives a tailored, responsive and highly effective solution with day-to-day support from a dedicated, expert analyst.
ReD serves customers from multiple sectors and across six continents from offices in Australia, China, Dubai, South Africa, the United Kingdom and the United States, and through partners around the globe. For more information, visit http://www.redworldwide.com
About European Merchant Services
European Merchant Services (EMS) is a leading provider of customer-oriented payment services for merchants and e-merchants that are active in the European market. Through our flexible organization, service-oriented staff and expert advice, we guarantee our customers and partners ease and understanding in their transactions and related data exchanges.
EMS offers merchants on location and e-merchants an all-in-one solution for the processing of domestic and foreign transactions with the major credit and debit cards: Visa, MasterCard, Maestro, Diners Club & Discover, V PAY, Visa Electron. Our 36.2 million transactions are processed via the award winning platform Omnipay. For more information, visit http://www.emscard.com
Tel: +44(0)1702 257167
Manager, Marketing & Communication, European Merchant Services
Tel: +31 (0)20 6 603 054