VerifySmart, a provider of secure and fraud free credit and debit payment processing services, has signed a Beta agreement with OneWorld Connections to integrate all four of VerifySmart’s next-generation debit/credit card and e-commerce fraud prevention and detection applications for possible integration into all levels of its worldwide businesses.
OneWorld believes that adopting VerifySmart technology will give it a competitive advantage by building a new, fraud and hacker-free layer of security into every transaction negotiated on behalf of clients.
Ralph Santos, CEO of VerifySmart, said: “Over the past few years, business process outsourcing became the saviour of many North American businesses. However, the drastic rise in credit card fraud, e-commerce fraud, even money transfer interception and redirection, has taken a measurable bite out of the outsourcing advantage, and that is not good for business at either end of the relationship. We (VerifySmart) have the means to change all of that, and this new alliance will allow us to demonstrate both to OneWorld and to the rest of the world, just how secure and reliable our suite of fraud prevention and detection applications really is.”
OneWorld has operations in the Philippines, India and Hong Kong, and offers global clients a range of customer relationship management, shared services, business process management, call centre management, order fulfillment management, and analytics services.
