Though intelligent processing can only be used in specific environments its pros on large volume accounts are clear. Chargeback rates drop to less then 0.1% on multi million dollar accounts and consistent fraudulent use attempts can be terminated.

So, while this method tends to lose the characteristic ‘automation’ in business that the internet provides for, on certain accounts with a need for scrutiny and tighter observation it is justified.

In November, the Office of the Comptroller of the Currency had to shut down an Illinois bank ($92 million in assets) that had lost the vast majority of its capital from credit losses or chargebacks resulting from financially weak and fraudulent-driven merchants or merchants unaware of the amount of fraudulent activity taking place on their own accounts.

This is where our unique concept of manned accounts and intelligent processing comes into force. It essentially combats weak oversight and controls in merchant processing ensuring merchant quality without excessive reliance on third parties. The solution to this technology risk boils down to staff expertise, properly maintained systems, and other tailored precautions we employ to an individual clients model.

If you would like to know more about how we may assist in volume transactions please contact us.

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