Global Payments expands Adaptive Authentication platform with Visa

Global Payments is upgrading its security tech to help retailers approve more transactions without adding friction for the shopper. By integrating Visa’s Intelligent Data Exchange (IDX), the platform can now better distinguish between a legitimate customer and a fraudster in real-time. For your business, this means fewer 'false declines'—those frustrating moments where a good customer’s card is rejected because the system is overly cautious. The system uses shared data to assess risk behind the scenes. Instead of forcing every customer through extra verification steps like one-time passcodes, the technology only triggers those hurdles when a transaction is genuinely suspicious. This expansion is currently rolling out for merchants in the U.S. and Canada. If you use Global Payments as your processor, you should see an improvement in 'authorization rates,' which is the percentage of attempted sales that successfully clear. Higher authorization rates directly lead to more completed sales and a better experience for your customers at the point of sale.

Source: Finextra — Lending

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