Payment processing is the bridge linking a merchant to an acquiring bank. With this link, the merchant is able to receive payments in multiple currencies, via credit and debit cards around the world with a single connection to TRAXX. In addition to passing transactions along for authorization, TRAXX payment processing technology evaluates the validity of each transaction and detects possible fraud attempts. This elevates transaction success rates and keeps chargebacks in check.
For even higher level of transaction security, TRAXX also offers 3D Secure to merchants seeking to add an additional layer of fraud protection. This gives customers more confidence when shopping online with 3D secure, and also reduces chargebacks.
TRAXX transactions are all done in a PCI DSS Level 1 secure environment.
TRAXX payment processing supports Visa, Mastercard, American Express, JCB and China UnionPay.