Paymentech Offers Tools to Fight Fraud

Chase Paymentech Solutions LLC has rolled out a suite of services called Safetech Fraud and Security Solutions.

Processing Content

The services help protect merchants from data breaches online fraud and at the point of sale. The merchant acquirer said the suite will include fraud tools and encryption services.

"Our merchants are challenged with managing the risks associated with consumer transactions," Mike Duffy, Chase Paymentech's president, said in a press release Tuesday.

The suite "will provide our customers with the advanced tools they need to fight fraud," Duffy said.

Chase Paymentech is owned by the New York banking company JPMorgan Chase & Co.


For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER
Load More