Barclaycard Payments Partners With Kount to Prevent Fraud

Wednesday, June 10th, 2020

Almost 40% of card transactions in the UK belong to Barclaycard Payments. Recently, the company has partnered with Kount, one of the top providers of fraud-prevention techniques. Let’s read more about the partnership and see who can help you with merchant services in the UK.

Barclaycard Payments New Partnership

Barclaycard Payments is a company operating in the UK. Recently, it’s entered into a partnership with Kount, a leading provider of fraud-prevention services. Barclaycard belongs to Barclays Bank PLC. This leading payment company that offers services worldwide helps with accepting and processing payments with increased flexibility.

Thanks to Barclays Transact with access toAI-based tools software, merchants can now enjoy AI-based tools. These can help them with better fraud detection in real time and with SCA (Strong Customer Authentication) requirements. Barclays Transact tools allow merchants to process online transactions securely and without difficulty.

Kount is a unique fraud-prevention system with the Identity Trust Global Network. The latter is the biggest network of trust and risk signals. According to David Jeffrey, Director of Product at Barclaycard Payments, they’re excited about this partnership. Both companies work on innovative payment solutions and aim at providing exceptional shopper experiences.

Looking for the Best Merchant Services in the UK

Modern payment companies are working on developing better and more advanced solutions. E.g., the above-mentioned partnership enables merchants to enjoy better protection against eCommerce and better customer experience fraud, as well as increase sales.

Specifically, the ability to analyse risks and screen fraud in real time, businesses can be better prepared for SCA by taking advantage of ‘TRA’ (transaction risk analysis) exemptions. If you’re a merchant in the UK trying to find the most secure and cheapest merchant services for your eCommerce business, consider working with BestPaymentProviders.co.uk.

Best Payment Providers UK is a respectable comparison specialist of merchant services in the UK that pays special attention to terms, complaints, and integration requirements. No matter you’re interested in Barclaycard Payments or another payment company, Best Payment Providers UK can help you with the most honest review of services you need.

So, Barclaycard Payments has partnered with Kount, a leading company offering fraud-prevention services. Now, customers of Barclays Transact can enjoy award-winning software to better detect fraud.