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.