Merchant Accounts
Know Your Business (KYB), ensuring compliance and thorough investigations
Cashields has the KYB platform built on more than years of experience in merchant due diligence. Created by underwriters, it helps you get quicker results, make better onboarding decisions, and improve your team’s efficiency.
An all-in-one Merchant Account
- Underwrite large merchant portfolios feasible through automation, even for smaller teams
- Every tool an underwriter needs, intelligently implemented in one dashboard
- Our team is constantly improving the system and implementing new card scheme rules
- Quantified risk scores and traffic light colour coding make complex data understandable and actionable
TYPICAL CARD SCHEME RULES VIOLATIONS
There are a myriad of risk indicators tied to card scheme violations that Cashields detects automatically. Here are some of the most important ones for Know Your Business (KYB) organisations.
1. Content violations and illegal offerings
The key requirement is that merchants are not allowed to sell any illegal or brand-damaging products or services. To identify if that is the case, Cashield’s web crawler scans all known merchant websites to find any content that may violate this requirement.
2. Missing website information
There are clear rules for what an eCommerce merchant has to display on their website to be compliant with card scheme rules. That means they need clear information about the company operating the site, payment terms, and more. Cashields automatically identifies if this information is available and presents it to you for review.
3. Negative options merchants and deceptive marketing
In recent years, Mastercard and Visa have introduced very strict rules for negative options merchants to prevent consumers from buying products or services they don’t want. Payment processors must see that their merchants operate transparently with free trial offers and subscriptions.
ONE STEP CLOSER TO HOLISTIC RISK MANAGEMENT
Cashield’s KYB solutions are built to work with each other. Combine Cashields with Monitor or take advantage of our high-risk merchant compliance tools to bring your portfolio risk management to the next level.
MERCHANT MONITORING
1. Tried and tested card scheme compliance
Cashields is an official Mastercard Merchant Monitoring Service Provider. Our clients can expect mitigation in case of non-compliance issues.
2. Persistent merchant monitoring
Automated merchant monitoring is essential for the long-term health and profitability of your merchant portfolio.
3. Fully flexible configuration
Configure Monitor to fit your needs: Set monitoring frequencies per risk category, tinker with specific rules, and more.
4. Modular design for flexible monitoring
Combine Monitor with Cashields for an effective monitoring regime and data consistency.
HIGH-RISK MERCHANT COMPLIANCE
Get card scheme compliance right and onboard safely
Our underwriting and monitoring solutions are already equipped to deal with most high-risk merchants. But there are some industries where special card scheme rules apply.
Payment processors with high-risk merchant portfolios can reap high rewards, but only if they know how to stay compliant. We are here to help.
Still Confused About Our Features?
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The Company
TTR IT Holdings Limited
- 367 - 375 QUEEN'S ROAD CENTRAL, SHEUNG WAN, HONG KONG
- UNIT 1603, 16TH FLOOR, THE L.PLAZA
- +1 (251) 3208580
- cs@cashields.org
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