Check of merchants
Check of merchants on cyber crime, AML and compliance with the rules of VISA, MasterCard.
Cyber crime verification is an action aimed at identifying financial, regulatory and reputational risks when onboarding merchants. For example, identifying illegal or prohibited activities by international payment systems, attempts to deceive customers, and reducing the risk of financial losses from chargebacks.
AML verification involves compliance with all legal and regulatory requirements.
Compliance with the rules of the Card Schemes (VISA, MasterCard) is an integral part of any business related to e-commerce and accepting bank cards for payment. Failure to comply with these rules entails fines for the company from 25,000 to 200,000 euros, and in some cases even higher.
We also carry out not only the initial verification of merchants during onboarding, but also an additional analysis of their activities when launching real payments, as well as during the entire cycle of interaction with your customers, performing regular checks.