Monday, October 18, 2010

Phone ID From TeleSign Unmasks Fraudsters Lurking Online

PhoneID from TeleSign detects the phone number of anyone who registers for an account or conducts a transaction on your website and TeleSign authenticates your users with telephone verification.

Amplify’d from www.telesign.com




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Keeping unauthorized users from compromising sensitive credit card data on my site was a growing problem until I incorporated telephone verification from TeleSign. I needed a solution to help me verify my on line customers and prevent credit card fraud on my website. As an online merchant I had been faced with an increasing number of fraudulent transactions taking place on a daily basis severely impacting my reputation and profitability. Recently many of my transactions began originating from overseas and I noticed a corresponding spike in the amount of bogus credit card information being used to make the purchases. I had heard about TeleSign’s Phone ID solution which provides a substantial amount of information about the origin of a telephone number. The advanced technology of PhoneID allows on line business to accurately track the location of an overseas number even when criminals are using difficult to detect VOIP or prepaid cellular number to defraud a website.
Their telephone verification solution was not only effective at stopping fraudsters, it was really easy to implement. They used a process known as SOAP API to integration their solutions right into the architecture of any existing web site. TeleSign kept my costs low without any upfront fees or monthly minimum charges. With their cost model I only pay for the actual number of transaction verified. Fraudsters are constantly seeking ways to remain hidden in the dark while ripping off online business like mine and fortunately I have a powerful search light in the form of TeleSign. I would recommend them to any online merchant doing business on the internet.












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