Now Location Based Authentication for Merchants as Well

Zumigo Corporation, an upcoming player in mobile device location and identity verification, has come up with a merchant payments validation service based on the real-time location of a customer’s mobile phone, as well as a service to verify consumers’ identity and credit card credentials during online purchases to prevent e-Commerce fraud. This new functionality is part of the Zumigo Assure Payments mobile solution.

While merchant processors confirm whether or not a payment is authorized, they don’t protect merchants from charge-bac ...

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