Press Releases

Chase Paymentech and Verifi, Inc. will conduct a free webinar Wednesday, September 30th, to educate CNP merchants on using data to reduce risk and increase profitability.
Dallas,Texas. and Los Angeles, California. (September 28, 2009)– Chase Paymentech, a leading merchant acquirer and payment processor, and Verifi, Inc., a leading provider of transaction risk management services for card-not-present (CNP) merchants, will conduct a free webinar Wednesday, September 30th, to educate CNP merchants on using data to reduce risk and increase profitability.
Merchants accepting transactions in a non face-to-face environment are subject to much greater transaction risk than their brick-and-mortar counterparts. Lacking the ability to verify a customer’s signature or evaluate photographic identification, CNP merchants are uniquely challenged in developing trust with prospective customers.
Purchase transaction data in isolation provides limited value to a business. With a unified view combining purchase transaction, marketing, fulfillment, consumer and chronological data, merchants have a powerful asset and critical component for reducing risk while simultaneously optimizing profitability. When evaluated properly, this level of data intelligence provides a more complete picture and enables merchants to gain trust in legitimate customers and to stay ahead of fraudsters and identity thieves.
Any merchant business that is interested in learning more about this topic is invited to attend this webinar.
What: Webinar covering The Power of Data: Utilizing Data to Increase Profitability and Reduce Risk
When: Wednesday, September 30th, 2009 at 11:00 AM PST / 2:00 PM EST.
Where: Register at https://www.regonline.com/builder/site/Default.aspx?eventid=771759
About Chase Paymentech Solutions
Paymentech, LLC (“Chase Paymentech”), a subsidiary of JPMorgan Chase (JPMC), is a global leader in payment processing and merchant acquiring, capable of authorizing transactions in more than 130 currencies. The company’s proprietary platforms provide access to a wide variety of payment methods, such as credit cards, debit cards, prepaid stored value cards and electronic check processing. In 2008, Chase Paymentech processed more than 21.4 billion transactions with a value exceeding $713.9 billion*, including an estimated half of global Internet transactions. The company also provides a full set of solutions aimed at accelerating cash flow and managing transaction data. On the Internet or at the point of sale, Chase Paymentech’s unique combination of outstanding service, innovative solutions and financial strength offers solid benefits to companies both large and small. More information can be found at www.chasepaymentech.com.
About Verifi
Verifi, an award-winning provider of end-to-end payment protection and management solutions, was founded in 2005 to help our clients effectively manage the payments challenges they face every day. Verifi helps merchants safely process payments, combat fraud, prevent and resolve costly chargebacks, as well as increase billings andkeep loyal customers. Our best-in-breed solutions and white glove support are trusted by a wide range of industries from emerging companies to the Fortune 500. Headquartered in Los Angeles, California, we process more than $20 billion transactions annually and currently serve more than 8,900 accounts globally. For more information, visit:www.verifi.com.
# # #