Protect your online business

Online, August 10, 2010 (Newswire.com) - Citopay, Europe's leading Internet Payment Service Provider offering it's turn-key solutions to online merchants, announced today that Citopay connected merchants processing credit cards, processing debit cards and processing alternative payments can benefit from a secured, large choice of payment options that will increase international sales.

Citopay's connected online merchants can increase their online business with Citopay's wide range of advanced electronic payment solutions and its sophisticated fraud prevention tools, all with or without a 3D-secure environment depending on the online business model. Citopay's payment gateway is PCI DSS Level 1 compliant, the payment industry's highest level of data security.

Besides the gateway build in sophisticated risk management and fraud detection tools Citopay offers credit card processing with 3D-secure, online merchants will further reduce their risk exposure of accepting card payments.

Merchants are able to offer a wide range of variety payment options to their online consumers globally, covering credit card processing, debit cards processing, ACH processing and alternative payment processing.

In a recent international held survey very concerning numbers came up; 60% of online merchants were unsure if their payment service provider was PCI DSS Level 1 compliant, as many service providers are neither compliant nor certified.

Finding a online merchant account through a secured payment service provider that offers a wide range of payment solutions are the biggest challenge faced. Especially off line merchants who are getting into the online industry for the first time are not aware of the fraud and risk challenges out there.

Those merchants who are unfamiliar with the dynamics of fraud, and their customers' online payment behaviors are easy targets for fraudsters. In total, credit card fraud costs cardholders and credit card issuers over $500 million a year, and this trend is rising!

Citopay helps you fighting online fraud at your online business, together with its wide range of risk management and fraud detection tools, securing your online web shop!