PAY.ON Ag and Web Shield Ltd. have entered into a service agreement to further enhance PSP’s, ISO’s and acquirers’ risk management environment. Thus, Web Shield’s merchant due diligence and risk management monitoring software is now available in PAY.ON’s value-added services.
With this partnership, Web Shield is expanding its global distribution and further fostering its market presence. The Web Shield risk management modules IPSPShield and IPSPMonitor will allow PAY.ON once again to extend its value-added portfolio for its payment service providers, independent service operators and financial institutes, such as acquirers.
Markus Rinderer, CEO of PAY.ON AG, commented: “At PAY.ON, we strive to constantly offer our clients value-added services – in addition to our own payment services – that will support their business success and growth. This also includes services that assist in working more efficiently with merchants. Web Shield’s products will provide our clients with advanced and direct merchant risk management and monitoring services. The services will help them in protecting their transactions effectively from merchants trading illegally.”
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