FraudCover - a complete Anti-Fraud Solution for the on-line Credit Card Transactions.

Montreal, Canada, September 1st, 2009

Travel Web Solution in partnership with FraudCover is launching a new on-line Credit Card Fraud software aimed at providing the Travel and Leisure industry with a unique solution to help stem the ever increasing risk of fraudulent transactions and costly charge backs.

Today on-line credit card fraud within the Travel and Leisure industry represents more than 3 billion dollars in annual looses and charge backs. By focusing solely on this industry’s needs, FraudCover has created and approach in fraud detection that is unmatched by any other similar service providers. Using this unique method insures the on-line retailers with a relatively fraud less operation. FraudCover is also offered in two different packages in order to give maximum flexibility for the customers to adjust the solution to their needs.

FraudCoverExpress is the fastest way to ensure a transaction is a genuine purchase.

FraudCover is a simple XML conversation that integrates seamlessly to the IBE payment flow process and most transactions are handled through an automated process, those that do not get the “Safe” status via the automated process can be reviewed manually by FraudCover’s anti-fraud experts. The system uses a simple process of issuing “a rating” on any given transaction. The retailer can decide upon which rating the transaction will be automatically transferred to the FraudCover manual validation process. FraudCover will safeguard the Retailer against charge backs on any transactions flagged “Safe”

If you have an on-line operation or if you are planning to distribution travel goods and services over the internet, FraudCover is the solution for your peace of mind.