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Merchant Monitoring Reviews & Product Details

Merchant Monitoring Overview

What is Merchant Monitoring?

Confidently assess merchant risk so you can take action before it results in fines, damages your reputation, or threatens public safety. Transaction laundering. Online gambling. Hate groups. Illegal drug sales. There’s no limit to what unethical merchants will try to get away with — and no end to their criminal creativity. Algorithm-only solutions simply can’t keep up. That’s why acquirers, payment service providers, and ISOs turn to LegitScript. We combine big data, advanced technology, and intensive, expert human analysis to shine a bright light on merchant activity, so you can confidently assess merchant risk and take action before it results in fines. Stay ahead of problematic merchants, across different payment mechanisms — whether they are in low-risk or regulated, high-risk sectors. Don’t rely on automated processes where mistakes can creep in. We combine robust algorithms with human experts to give you precise and in-depth merchant analysis, categorization, and explanation you can stand behind. Fines are expensive. We provide accurate information in a format you can understand. We give you access to the most accurate, extensive data set of legitimate and illicit merchant websites and associated data. Don’t look at data points in isolation. Understand the larger associated network with our multidimensional view across the entire compliance ecosystem. This provides unique insights from all industries and angles so you can stay at the forefront of emerging trends. LegitScript is recommended by Visa and other major payment networks. We are a recognized Mastercard Merchant Monitoring Service Provider (MMSP). Our work is trusted by regulatory authorities as well as industry leading companies such as Google, Meta, Microsoft, and Amazon. Core Services - Content violation monitoring (BRAM, VIRP) - Transaction laundering detection - High-risk merchant analysis - Regulatory and emerging threat research and ongoing reporting enhancements What does LegitScript monitor? - Healthcare - Designer Drugs - Hate/Harm - Age-Restricted - Adult - Financial - Cryptocurrency - Intellectual Property - Fraud and Scams - Unauthorized - Aggregation - Gambling and Binary Options - And much more https://www.legitscript.com/solutions/merchant-risk-solutions/ Support is English and Japanese, UI is English, and we offer covering in 100+ countries and 18+ languages.

Merchant Monitoring Details
Product Website
Languages Supported
English
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Product Description

Reduce Risk in Your Merchant Portfolio Confidently assess merchant risk of every type, including transaction laundering, to better avoid fines and expand growth opportunities.

How do you position yourself against your competitors?

WHY LEGITSCRIPT IS BETTER FOR PERSISTENT MONITORING

Website Content:

Accuracy, Actionability, Result Availability - We overlay our AI-powered risk detection and website content crawling with deep subject matter expertise to holistically analyze merchant risk. Our team of expert analysts adds valuable context that reduces false positives and dives deep to prevent false negatives. Upload merchants at any point (no waiting) via our API or portal, and access the results in real-time.

Transaction Laundering:

Nuanced Reporting, Result Availability - In addition to conducting test transactions and mapping merchant connections across portfolios and time, LegitScript’s investigative experts detect suspected transaction laundering, enabling earlier action and enriching your internal transaction monitoring risk signals. And, as with our content monitoring, the results are available in real-time.


Seller

LegitScript

Description

LegitScript is a compliance and monitoring service that specializes in verifying the legitimacy of online businesses, particularly within the healthcare and pharmaceutical sectors. Their services include monitoring for illegal and counterfeit products, ensuring compliance with regulations, and helping businesses establish trust online. LegitScript provides certification and verification solutions to help companies demonstrate their commitment to legal and ethical practices. For more information, visit their website at https://www.legitscript.com.

Overview Provided by:

Merchant Monitoring Media

Merchant Monitoring Demo - LegitScript Merchant Onboarding
Actionable Analysis
Merchant Monitoring Demo - Merchant Onboarding - KYB
Know Your Business (KYB partnership with Persona)
Merchant Monitoring Demo - LegitScript Merchant Monitoring
Merchant Monitoring User Interface
Merchant Onboarding Best Practices for an AI-powered Future
Play Merchant Monitoring Video
Merchant Onboarding Best Practices for an AI-powered Future
Serial Transaction Launderers

Colin Baylor delves into the complexities of transaction laundering, highlighting its fundamentals, motives, and tactics.
Play Merchant Monitoring Video
Serial Transaction Launderers Colin Baylor delves into the complexities of transaction laundering, highlighting its fundamentals, motives, and tactics.
Merchant Onboarding: KYB Checks

LegitScript's KYB checks module helps payment facilitators verify business legitimacy during merchant onboarding.
Play Merchant Monitoring Video
Merchant Onboarding: KYB Checks LegitScript's KYB checks module helps payment facilitators verify business legitimacy during merchant onboarding.
Merchant Onboarding - Full Solution Overview

Users can easily upload merchants and view results in a single interface, with a modular design that allows for customizable options like content scans and KYB checks.
Play Merchant Monitoring Video
Merchant Onboarding - Full Solution Overview Users can easily upload merchants and view results in a single interface, with a modular design that allows for customizable options like content scans and KYB checks.

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