Payment Fraud Solutions Leader SignatureLink Partners with World’s Fastest-Growing eCommerce Platform
RIDGELAND, Miss., April 17, 2012 /PRNewswire/ — SignatureLink, Inc. announced today that it is now a Magento Industry Partner. The partnership allows SignatureLink to integrate its CNPS online signature pad and preemptive fraud technology as an extension within Magento’s eCommerce platform. The CNPS online signature pad and Magento extension will be unveiled at Magento’s 2012 Imagine eCommerce worldwide conference in Las Vegas on April 23-25, 2012. The Magento extension will give over 110,000 Magento merchants worldwide the ability to address 100 percent of online payment fraud.
SignatureLink’s cutting-edge CNPS online signature pad is the only eCommerce solution to address “friendly fraud.” Up to 30 percent of online fraud is friendly fraud and written off as the cost of doing business. SignatureLink’s cloud-based CNPS and TransExam solution captures a human handwritten signature and purchase agreement online. This technology integrates all agreed upon T’s and C’s into a single time stamped document, granting the same legal protections afforded to brick and mortar merchants. The forensic document is retrievable in seconds from the TransExam chargeback management system.
“We are very pleased to offer Magento merchants the same ability to prevent and deter friendly fraud as brick and mortar retailers have. In the history of mankind, the most dominant building block of commerce has always been the human handwritten signature,” states Greg Wooten, CEO, SignatureLink, Inc. “The Magento CNPS Extension coupled with the integrated ThreatMetrix™ cutting-edge multi-channel Cybercrime Defender Platform provides the entire online Magento payment community the ability to fight 100 percent of online fraud.”
“Our partners bring flexibility and powerful technical innovation to Magento merchants around the world,” said Bob Schwartz, President, Magento. “SignatureLink delivers valuable protection to Magento merchants and their consumers with their CNPS online signature pad. We are honored to have SignatureLink as a Gold Industry Partner and as a Platinum level sponsor of the Imagine eCommerce conference.”
SignatureLink, Inc. is an industry-leading provider of online payment fraud and chargeback management solutions. SignatureLink, Inc. has enabled companies to accept legally binding electronic signatures online since 2005. Their proprietary, biometric, wet-signature equivalent technology was developed to facilitate the capture of real-time electronic signatures over the Internet for a variety of applications such as Online Point of Sale Transactions, Electronic Agreements, Mobile Devices, and Remote Authorizations. SignatureLink, Inc. provides services to a myriad of industries – including eCommerce, Banking, Legal and Transportation. Utilizing human factors engineering, USDT and SignatureLink have designed the CNPS online signature pad and TransExam chargeback management system to reduce and manage friendly fraud for the payment processing industry. For more information, visit www.signaturelink.com.
SOURCE SignatureLink, Inc.