Praxis, iOvation Extend Payment Collaboration To Include Fraud Detection

Smart cashier software provider Praxis has extended its partnership with iOvation, a leader in fraud detection. All payment processes through Praxis Cashier will now be secured by iOvation’s real-time fraud detection solutions.

Praxis previously collaborated with iOvation to fight against chargebacks. The new arrangement will utilize iOvation’s device intelligence to protect against all financial abuse events.

“We are proud to bring Praxis merchants the best solution for combating affiliate and customer fraud at such a competitive rate,” said Praxis Cashier founder and director Amit Klatchko. “Praxis merchants will be able to protect their reputation and processing relationships even more.”

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Praxis supplies merchants with modular ‘plug-and-play’ cashier software. Merchants can choose from over 140 payment solutions to fit their business needs, and are able to embed the software directly into their online store without any web or mobile development experience necessary.

Because of the simplicity of the system, Praxis has looked for ways to automatically defend customers from fraudulent abuse. iOvation, a TransUnion company, is one of the leaders in the field, with over a decade of experience building online security solutions.