Risk and Fraud Management

Online fraud always is the major challenge to all online merchants. iPay88 Fraud Prevention Mechanism is built to assist online merchants to minimize their online fraud.

Via Transaction Filtering

iPay88 will help online merchants to filter transactions before the transaction submitted to the bank gateway for payment authorization. Merchants can request to block all transactions from specific high-risk countries or allow transactions by credit card from local card issuers.

Via Purchase Frequency Control

iPay88 allows online merchants to control how frequent (by day, week or month) their buyers can buy from them.

Via Transaction Amount Limit

iPay88 can help online merchants to control the online transactions by transaction amount. Transaction will not be allowed if the transaction amount exceeds the set transaction amount limit.

Via Blacklist Database

On top of the banks’ blacklist database, iPay88 is building its own blacklist database based on fraud cases and trend detected by iPay88 from time to time. iPay88 will blacklist a user or online buyer by:

  • User Name
  • Credit Card Number
  • Email Address

When the buyers are using username, credit card number or email address blacklisted by iPay88, their transaction will be blocked. All iPay88 merchants share the database.