Latest news with #3DSecure
Mid East Info
3 days ago
- Business
- Mid East Info
HyperPay unveils ‘HyperTap' at Seamless Middle East 2025 to optimise user experience and transaction security
HyperPay, the leading payment gateway provider in MENA, launched 'HyperTap' – a new service designed to enhance user experience and transaction security for small business owners, mobile-first users, and tech-savvy professionals – during the company's participation in Seamless Middle East 2025 in Dubai. This launch supports HyperPay's expansion strategy in the Middle East, including plans to enter new markets such as Bahrain, Egypt, and Qatar. HyperPay's participation in Seamless Middle East 2025 in Dubai allowed the company to showcase its cutting-edge digital payment technologies and connect with key players in the fintech sector. The company has further expanded its product range by launching HyperTap, an advanced payment system that transforms customers' smartphones into contactless point-of-sale terminals. HyperPay employs 3D Secure protocols to reduce the risk of fraud and verify the identity of cardholders in real-time, making the checkout process safer for both customers and merchants. The system also supports both browser-based and app-based 3D Secure authentication, ensuring optimal performance across mobile and web platforms. With its advanced NFC technology, HyperTap guarantees quick, secure transactions while protecting customers' data. Muhannad Ebwini, Founder and CEO of HyperPay, stated, 'By taking part in Seamless Middle East 2025, we were able to showcase our advanced fintech offerings and gain insight into the latest developments propelling the sector forward. With the launch of HyperTap, we have taken the step to secure and simplify contactless payment solutions for small businesses and mobile-centric services further. HyperTap's integration capabilities include COPYandPAY, which requires minimal effort from merchants, and Server-to-Server connections that adhere to EMVCo guidelines to ensure 3D Secure compatibility. As a result, the self-service app can be easily configured and allows users to accept payments instantly without upfront hardware costs, making it ideal for small and medium-sized businesses.' The latest edition of Seamless Middle East gathered over 25,000 attendees, over 750 exhibitors, and over 500 speakers. The event, held from May 20 to 22, 2025, at the Dubai World Trade Centre, provided attendees with the chance to connect with buyers, leading payment providers, fintech and banking firms, and eCommerce and retail representatives. As an influential forum, Seamless Middle East will continue offering insights into key trends and topics advancing the digital commerce industry.
Yahoo
23-04-2025
- Business
- Yahoo
Stripe unveils payments updates for Japanese market
Stripe has rolled out several enhancements to its payment platform, focusing on supporting businesses within Japan and those seeking to enter the Japanese market. The updates include the integration of new payment methods, accelerated payout processes, and tools to navigate Japan's recent 3D Secure mandate for online credit card payments. Businesses operating in Japan can now utilise PayPay for online transactions, tapping into its user base of over 68 million. PayPay CEO Toshifumi Kasakawa said: "I am delighted to announce our partnership with Stripe, a company with a strong global track record in online payments. Businesses on Stripe can now offer PayPay's code-based payments to their customers, ensuring a secure and effortless payment experience. 'PayPay uniquely connects with younger users who might not have access to credit cards. We welcome businesses to explore the potential benefits of integrating PayPay into their platforms.' Besides, Stripe has reduced the waiting period from monthly to four business days for PayPay transactions. The payment processor also introduced the option for businesses to offer card instalments, allowing customers to split their payments into smaller amounts over time. In response to Japan's new 3D Secure mandate, which became compulsory for online credit card payments as of the end of March 2025, Stripe has optimised its platform to minimise checkout friction. The system selectively applies exemptions and prompts authentication only when necessary, aiming to prevent the rejection of legitimate transactions. This strategy, in conjunction with Stripe's fraud prevention system, Radar, has been instrumental for companies such as Sourcenext in boosting conversion rates while complying with regulatory requirements. Furthermore, Stripe now supports network tokens, enhancing the security of card payments. Stripe collaborates with Japanese companies, including Toyota, Nikkei, ANA Group, and Tokyu, as well as global firms such as X, Shopify, Uber, and Atlassian. The company made headlines in January this year for workforce reduction of 300, primarily from the product, engineering, and operations sectors. Nevertheless, Stripe's chief people officer Rob McIntosh confirmed the company's goal to increase its headcount by 10,000 by the year's end. "Stripe unveils payments updates for Japanese market " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
07-03-2025
- Business
- Yahoo
Microblink Launches Creative Learning Experience to Help Fraud and Risk Prevention Leaders
Campaign Stresses the Importance of Fraud Prevention with Entertaining Challenges Around Card Not Present Fraud, Chargeback Representment and Identity Theft Brooklyn, New York--(Newsfile Corp. - March 7, 2025) - Microblink, a global leader in identity verification solutions, today launched Where's Fraudo?, a playful and entertaining online gamified way for fraud and risk leaders to introduce a new alternative approach to enhance fraud prevention strategies. Where's Fraudo? offers unique scenarios for marketplaces, eCommerce, travel, hospitality, gaming and financial services to demonstrate a pioneering new way security professionals can fight fraud. Players seek to find Fraudo, a sinister character, while learning how Microblink's payment card scanning solutions support fraud prevention. "Fraud is evolving in multiple ways. One key trend is that consumers are treating chargebacks opportunistically, so friendly fraud is fair game. Another huge shift is that Gen AI makes identity theft much easier at scale, including widespread social engineering tactics to steal credentials. ATO is on the rise, thanks to compromised payment info up for sale on the dark web. That's why we're taking a creative approach to illustrate how Microblink stops fraudsters in their tracks by spotting fraud early, before bad actors can do damage, " said Michael Rodriguez, VP of GTM Strategy & Operations at Microblink. "Where's Fraudo? brings levity to a deeply complex and difficult job. The campaign is designed to be a fun challenge with a serious purpose - equipping Fraud and Risk leaders and their teams with cutting-edge knowledge on liveness detection and chargeback representment to safeguard their organizations in this very noisy B2B landscape." The challenge can be found at Players have three seconds to spot Fraudo. When time is up, they can say they found him, give up or ask Microblink to help. Scenarios in different industries cover the malicious Fraudo trying to commit CNP (card not present) fraud using stolen payment cards, as well as committing fraud with false or incorrect manual data entry. Microblink offers solutions to prevent all the Where's Fraudo? scenarios so businesses don't fall victim to bad actors in the digital age. Fraud Prevention: Prevent losses from Card Not Present (CNP) and friendly fraud. Liveness Detection: Ensure a real payment card is present during the transaction. Reduce Chargebacks: Strengthen chargeback representment by submitting evidence to prove that the original transaction was authorized. Proprietary AI: In-house developed AI algorithms automate data capture and extraction. Global coverage: Works with any payment card globally to support international businesses. Complements Companies' Fraud Stack: Layers card scanning functionality alongside existing checks like 3D Secure, AVS and CVV for robust dispute resolution management. Microblink has a 12-year history of pioneering computer vision solutions for user experience, fraud prevention, and regulatory compliance in the digital payment space. In 2013, long before AI became mainstream, the company was enabling smartphones to read bills and barcodes. Microblink is now applying that same innovation to payment card scanning, introducing a new category of fraud detection for security professionals. The company's liveness detection technology, traditionally used for biometrics, adds a powerful layer of security to card scanning, while greatly improving the user experience for legitimate payers. About MicroblinkMicroblink empowers businesses across the globe with reliable identity verification solutions and proprietary AI. With over 12 billion documents processed from over 180 countries, Microblink's BlinkID, BlinkID Verify and BlinkCard are used across industries for onboarding more real customers, optimizing KYC/AML workflows, and minimizing fraud, enabling organizations to make online interactions safer and easier. More at Media Contact:Paul WilkeUpright Position Communications on behalf of Microblinkpaul@ To view the source version of this press release, please visit Sign in to access your portfolio
Zawya
28-02-2025
- Business
- Zawya
Mastercard and Sadad in strategic deal to drive digital payments in Qatar
Qatar - The integration of Mastercard's technology with Sadad's platform will enable merchants to offer fast, seamless and secure transactions as well as convenient payment choices to customers Sadad, a leading company in online and electronic financial transactions offering multi payment solutions in Qatar, has entered into a strategic collaboration with Mastercard to introduce a new digital payment gateway platform. Through this partnership, Sadad will deploy state-of-the-art payment solutions, powered by Mastercard Gateway, to enhance the customer experience for its merchants in the market. The integration of Mastercard's technology with Sadad's platform will enable merchants to offer fast, seamless and secure transactions as well as convenient payment choices to customers. The partnership aims to evolve the market's e-commerce landscape, enabling seamless shopping experiences, higher conversion rates, and helping to reduce fraud. 'By integrating Mastercard Gateway, we are not only offering a seamless and user-friendly solution but also empowering local merchants to stay ahead in the evolving payment landscape. This collaboration will drive regional growth by enhancing the checkout experience and introducing innovative payment options that cater to today's digital-savvy consumers,' said Sheikh Hamad bin Mohammed al-Thani, a board member at Sadad. Mastercard Gateway is a single touchpoint that powers payment and digital acceptance solutions across new and existing markets and channels locally and globally. Merchants benefit from support for more than 30 payment methods, while customers enjoy advanced protection from cybercrime through tokenisation, biometric recognition and 3D Secure authentication. As digital wallets and contactless payments become increasingly prevalent, equipping businesses with the right tools to meet evolving customer expectations is more critical than ever, according to Erdem Cakar, Country Manager, Qatar and Kuwait at Mastercard. 'This partnership with Sadad marks a significant milestone in our efforts to expand our reach and fuel growth for businesses. Through Mastercard Gateway, we are providing businesses with world-class payment solutions that deliver security, speed, and flexibility,' he said. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
CairoScene
30-01-2025
- Business
- CairoScene
Paymob and Woo Partner to Expand Digital Payments for MENA Merchants
New integration simplifies payments for regional e-commerce businesses. Jan 30, 2025 Paymob, an infrastructure technology enabler has partnered with Woo, a leading ecommerce platform, becoming the first preferred payment provider for Woo in the MENA region. The integration embeds Paymob's checkout experience directly into the WooCommerce Marketplace, allowing merchants to seamlessly access a wide range of digital payment options. More than 50 global and local payment methods, including Apple Pay, Google Pay, and region-specific alternatives, are now available to businesses using WooCommerce. The payment solution is designed for mobile optimization and includes embedded 3D Secure authentication and PCI compliance to enhance security. Processing times have been streamlined, with next-day settlements (T+1) for most payment methods and instant settlements in select markets. Additional features, such as multi-currency support and retry options for failed transactions, aim to improve payment success rates and overall customer satisfaction. As part of the partnership, Paymob will soon be integrated into Woo's onboarding process, making it easier for new merchants to set up digital payments. The collaboration comes at a time of rapid e-commerce expansion in the MENA region, where the market is projected to reach $50 billion by 2025. Growth is being driven by increasing smartphone penetration, a young and tech-savvy population, and rising demand for digital payment solutions. Small and medium-sized enterprises (SMEs) are a critical force behind this expansion but often face challenges in scaling their businesses. The partnership seeks to equip SMEs with accessible and transformative digital tools that support their growth and financial inclusion. Founded in 2015, Paymob currently serves 390,000 merchants across the MENA region, providing payment solutions through its gateway, POS terminals, and Paymob app.
