Infinicept, a provider of embedded payments, and LegitScript, a key playrer focused on merchant and product certification and website monitoring in the e-commerce and payment sectors, announced a partnership to deliver comprehensive merchant monitoring capabilities.
Together, Infinicept and LegitScript will “provide a robust and holistic monitoring and risk management solution for payment facilitators, ISOs and merchant acquirers.”
Infinicept’s merchant underwriting and transaction monitoring “combined with LegitScript’s persistent online merchant monitoring, results in a comprehensive risk package.”
Providing access to these integrated tools allows clients to:
- Underwrite prospective merchants with a complete set of screening tools
- Automatically board and begin merchant monitoring with one integration
- Combine intuitive tools, big data and a team of human experts to monitor merchants for both transactional and regulatory violations
- Reduce risks and focus on opportunities
Whether customers choose to leverage LegitScript directly or through Infinicept’s Managed Services resources, the partnership “makes it easy to review their portfolio for transaction laundering, non-compliant websites, illegal goods sales, and more.”
Deana Rich, Co-Founder and Co-CEO, Infinicept, said:
“LegitScript takes risk seriously. Its commitment to making online payments safer for legitimate businesses pairs perfectly with our passion for doing what is right for the industry. The integration and alignment of our organizations presents a united front against fraud in the payments ecosystem and a one-stop shop for this invaluable solution.”
Infinicept is “an innovator in embedded payments, empowering software companies, banks, and payments companies to improve their customer experience and drive revenue.”
Infinicept’s Payment Operations Platform (PayOps) “allows companies to achieve the benefits of embedded payments without requiring any trade-offs to maintain ownership of the payments product.”
Infinicept tools and services “simplify everything from underwriting and onboarding to transaction risk monitoring and payouts.”
Embedding payments into a software company’s products “helps them to take advantage of the Embedded Finance marketplace.”
Todd Ablowitz, Co-Founder and Co-CEO, Infinicept, said:
“Our platform allows companies to participate in commerce in a way that provides the best merchant experience and where the software company keeps the majority of its payments revenue, all while keeping the ‘bad actors’ out of their business. By offering access to LegitScript’s Merchant Monitoring solution, we extend our ability to keep our customers protected.”
LegitScript’s website monitoring, certification, and investigations expertise “combined with its deep view across the entire commercial internet provides unique insights from all industries and angles, allowing businesses to evaluate, manage, and mitigate risk.”
Its Merchant Monitoring solution “provides content and transaction laundering monitoring for all merchant types.”
The capabilities “help businesses stay ahead of problematic merchants and reduce the number of violations to functionally zero.”
LegitScript’s monitoring program is “recommended, recognized, or used by global card brands and payment service providers.”
LegitScript CEO Scott Roth said:
“At LegitScript, we have been working toward building a safer, more transparent internet and payments ecosystem for more than fifteen years. Working with Infinicept is a natural fit for our proven commercial internet monitoring expertise. We are proud to align with Infinicept and support its efforts to usher in a new era of payments innovation. We look forward to continued integration that will reduce friction for companies as they grow their businesses.”