Mexico City, Mexico – OpenPay, a leading Latin American payment platform, has strengthened its fraud prevention capabilities by integrating advanced risk scoring tools from Alloy, Sardine, and Persona. This strategic move aims to provide merchants with a more robust and comprehensive approach to detecting and mitigating fraudulent activities across various transaction channels.

Comprehensive Risk Assessment

By incorporating Alloy’s identity verification solutions, Sardine’s AI-driven fraud detection, and Persona’s customizable KYC workflows, OpenPay offers a multi-layered defense against fraud. This integration enables merchants to:

• Enhance Identity Verification: Utilize Alloy’s platform to verify customer identities in real-time, reducing the risk of fraudulent account creation.
• Detect Fraudulent Activities: Leverage Sardine’s AI models to identify suspicious behaviors and transactions, preventing potential fraud before it occurs.
• Streamline Compliance Processes: Implement Persona’s customizable KYC workflows to ensure compliance with regulatory requirements while minimizing friction for legitimate customers.

Benefits for Merchants

The integration of these risk scoring tools provides several advantages for OpenPay’s merchants:

• Reduced Fraudulent Transactions: By detecting and preventing fraudulent activities early in the transaction process, merchants can minimize chargebacks and associated costs.
• Improved Customer Trust: Enhanced security measures help build trust with customers, encouraging repeat business and customer loyalty.
• Operational Efficiency: Automated fraud detection and compliance processes reduce the manual effort required, allowing merchants to focus on growing their businesses.

About OpenPay

OpenPay is a leading payment platform in Latin America, offering comprehensive solutions for businesses to accept payments online and in-store. With a focus on security and innovation, OpenPay provides merchants with the tools they need to manage transactions efficiently and safely.