Merchant Accounts
Know Your Business (KYB): Ensuring Compliance and Thorough Investigations
Cashields has built its KYB platform on extensive experience in merchant due diligence. Created by expert underwriters, it delivers faster results, better onboarding decisions, and boosts your team’s efficiency.
An all-in-one Merchant Account
- Underwrite large merchant portfolios efficiently through automation, even for smaller teams
- Every tool an underwriter requires, smartly integrated into one dashboard
- Our team continually refines the platform and updates it with the latest card scheme rules
- Quantified risk scores and traffic-light color coding render complex data clear 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
Merchants must not sell illegal or brand-damaging products or services. To ensure compliance, Cashields’ web crawler scans all known merchant websites for content that breaches this rule.
2. Missing website information
eCommerce merchants must display clear details about the operating company, payment terms, and more to comply with card scheme rules. Cashields automatically detects any missing information and presents it for review.
3. Negative options merchants and deceptive marketing
Recently, Mastercard and Visa have enforced strict rules to curb negative option practices, ensuring consumers aren’t charged for unwanted products or services. Payment processors require merchants to operate transparently with clear free trial and subscription terms.
ONE STEP CLOSER TO HOLISTIC RISK MANAGEMENT
Cashields’ KYB solutions are designed to integrate seamlessly. Combine them with Monitor or leverage our high-risk merchant compliance tools to elevate your portfolio risk management.
MERCHANT MONITORING
1. Proven Card Scheme Compliance
Cashields is an authorized Mastercard Merchant Monitoring Service Provider. Our clients benefit from prompt mitigation in cases of non-compliance.
2. Continuous Merchant Monitoring
Automated monitoring is crucial for the long-term health and profitability of your merchant portfolio.
3. Fully Flexible Configuration
Customize Monitor to suit your requirements: set monitoring frequencies by risk category, adjust specific rules, and more.
4. Modular Design for Flexible Monitoring
Integrate Monitor with Cashields for an efficient monitoring framework and consistent data management.
HIGH-RISK MERCHANT COMPLIANCE
Achieve card scheme compliance and onboard safely.
Our underwriting and monitoring solutions are designed to handle most high-risk merchants, though certain industries require special card scheme rules.
Payment processors managing high-risk portfolios can earn high rewards—but only by staying compliant. We’re here to help.
Still Confused About Our Features?
Do not hesitate to get in touch with us now
Subscribe Our Newsletter
Leave your email to receive latest offer and news.
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
Copyright © 2024 TTR IT Holdings All rights reserved.