How should merchants prevent payment risks? Let Lefu pay the merchant version of the wind control manual to tell you!
In recent years, criminals have used privately modified POS machines to steal cardholders’ bank card information and create fake cards for fraudulent use. This has caused various economic losses and damage to cardholders, merchants and payment institutions. Social integrity and social order. Although the state regulatory authorities have taken drastic measures, such as the central bank issued the "Notice on Strengthening Payment Settlement Management and Preventing New Efforts Related to Telecommunications Networks", it is required to ban online sales of POS machines and severely crack down on all telecommunications networks using POS machines. Fraudulent activities, but the bank card funds have been stolen and so on, it is still difficult to stop. In order to better prevent payment risks, it is necessary for merchants to improve their trading risk identification capabilities. Risk prevention and control The first commercial version of the risk control manual in the Lefu payment industry A lack of security awareness, no good way to understand the common sense of payment risk prevention, etc. are the reasons for merchants to encounter POS fraud. In order to improve the risk prevention awareness of merchants, reduce the risk of merchant transactions, and promote the prevention of risk prevention to the merchant level, third-party payment company Lok Fu pays first in the industry to launch third-party payment based on years of accumulated experience in dealing with abnormal business transactions. Special Merchants Risk Control Guidebook (hereinafter referred to as the “Handbookâ€). In order to ensure that the merchants can understand the risks and strengthen the prevention as soon as they enter the network, Lok Fu Payment chose to distribute the Manual to the Lok Fu merchants free of charge with the POS equipment. It is understood that the "Handbook" uses a simple and easy-to-understand comic form, summarizing the common risks and countermeasures that merchants may encounter when using POS machines to collect money in the actual business process, suggesting the merchants' precautions in the transaction, hope It can help merchants to curb the occurrence of risks before the risk transaction occurs, and find a solution in the first time after the risk transaction occurs to minimize losses. Lok Fu pays a comprehensive plan to build a sound risk control system to escort merchants Lefu Payment always believes that risk control is the lifeline of the company and the core competitiveness of the company. In order to build a complete risk control system, Lefu Payment has always insisted on continuous exploration in the field of risk control, and strictly controlled the risk control of each link. In order to strengthen the management of the service provider group, Lok Fu Payment released the “Guidebook for Risk Control of Third-Party Payment Service Providers†in 2016, which has received extensive attention in the industry. In the formulation of risk control rules and model management in the transaction, Lefu Payment will quantify the risk management and generate hundreds of fraudulent business rules according to different fraud characteristics. At the same time, on the basis of existing rules, differentiated supervision according to different risk levels of merchants, more strict monitoring of high-risk merchants, and more convenient product services for merchants with stable risk levels, from the source of transactions Risk protection capabilities. In order to further strengthen the prevention of telecommunication network fraud and protect the property security of merchants, Lefu Payment has also established a rapid communication mechanism with public security agencies in various places to jointly crack down on telecommunication network fraud and ensure the safety of public property. Lefu Payment understands the significant significance and challenges of risk management to third-party payment institutions. It will continue to turn off the lifeline of risk control, and continuously help service providers and micro-businesses to enhance their risk prevention awareness and response capabilities, and promote the healthy and sustainable development of the industry! Keep your home fresh and clean with Disinfectant Spray! Linen Spray helps protect your family while offering a fresh, pleasant scent to your home. This disinfectant spray kills 99.9 percent of viruses and bacteria on hard surfaces* and is designed to provide germ protection from counters to couches. This odor-eliminator spray cleaner stops unpleasant scents in their tracks and kills mildew, mold, and viruses on most of your common household surfaces. Fight flu season and stay prepared all year round with Disinfectant Spray. Disinfectant Spray,Scent Disinfectant Spray, Disinfectant Sanitizing Spray, Antibacterial Spray Linyi Yiqun Packaging Products Co., Ltd , https://www.yqpackingbag.com
Nowadays, people are getting used to paying instead of cash by swiping, scanning, etc. Go to a restaurant to eat, go shopping at a mall, even a small supermarket on the roadside, a bank card, a mobile phone can complete the payment. For merchants, the many advantages of POS machines in collecting money have also been favored by merchants, such as improving collection efficiency, improving consumer shopping experience, and effectively preventing mis-collection of counterfeit currency. As of the fourth quarter of 2016, the number of connected pos machines in China reached 24.535 million units, an increase of 1.714 million units from the end of last year. However, the widespread use of POS terminals has also attracted the attention of lawless elements.