The future of payments for cross-border merchants

With the global economy on the rise, businesses are increasingly looking to expand their operations beyond borders. However, to succeed in the international marketplace, merchants must prepare for the future by addressing crucial needs such as cross-border payment solutions, regulatory compliance, and fraud prevention. This is where Finaro steps in, together with Mastercard, to build the future of payments for global merchants. 

As a global payments acquirer and a licensed bank, Finaro has always been committed to understanding merchants’ individual needs. Our mission is to simplify the complexities of payment services and bring peace of mind to our merchants. Our partnership with Mastercard allows us to work with key stakeholders to provide next-level services to our mutual customers.

“We are dedicated to staying ahead of the competition for our cross-border merchants. What we found with Mastercard is a solution partner who is always willing to listen and work with us to provide the best services,” said Moshe Selfin, CTO at Finaro.

Complete ecosystem of payment solutions 

With globalization being a critical aspect of the current e-commerce landscape, there is a growing demand for global services. Together with Mastercard, we offer merchants a comprehensive ecosystem of payment solutions, including tokenization, payout, authentication services, and chargeback prevention, which integrate seamlessly with Mastercard's advanced infrastructure. 

Smart risk solutions 

The payments industry is facing an increasing threat of fraud and data breaches. From phishing scams to card skimming, the risk of fraud in payment gateways is a constant concern for everyone involved, which is why we have prioritized the development of smart risk solutions.

Our solution allows for fast and secure transfer of funds through payouts, advanced authentication, and chargeback prevention, leading to high customer satisfaction and conversions.

Here is what you can expect from our fraud protection and management services: 

• Smartguard: Using Machine Learning to evaluate and score each transaction in real-time to assess its potential risk and allowing merchants to review or block risky transactions.
• 3D Secure: Authenticating online shoppers with their issuer to prevent unauthorized payments and chargeback claims of fraud.
• Chargeback management: Increasing retention by receiving an alert and providing a quick resolution before a chargeback is raised

End-to-end payment token service

Our tokenization services provide the highest level of security by encryption of customers' card details throughout the transaction flow and include automatic connectivity to the Mastercard and Visa network tokens. Our token services minimize the risk of fraud, provide a seamless checkout experience, and allow merchants to improve their approval rates.

Here are some of the benefits of our token services:

• Secure & seamless checkout: The shopper’s card data is encrypted throughout the entire journey and their data is saved for a quick and easy checkout.
• Built-in network token connectivity: Increases issuers’ trust and receives higher approval rates.
• Customer retention: Streamlining the payment process leads to higher customer retention rates.

Time to simplify payments

Our partnership with Mastercard demonstrates Finaro’s commitment to innovation and leadership in the payments industry. We provide a simple, secure, and seamless payment experience to empower international commerce and help our international merchants to generate growth. If you want to learn more, please visit our website.