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Clickand­Buy has recent­ly added real-time tran­s­ac­tion anal­y­sis tech­nol­o­gy from IRIS Analyt­ics to its arse­nal of fraud protec­tion mech­anisms. IRIS Analyt­ics’ flag­ship prod­uct IRIS is used to moni­tor the whole range of Clickand­Buy user acti­vi­ties, such as payments, pay-outs, user regis­tra­tions, etc., in real-time. When fraud is suspect­ed, the respec­tive user action may be blocked, or for exam­ple in the case of payments, a more secure pay­ment mech­anism may be offered.

Clickand­Buy offers more than 50 pay­ment meth­ods in more than 120 curren­cies to their customers. “We were look­ing for a versatile fraud preven­tion solu­tion that covers the entire gambit of user activ­i­ty, while being flex­i­ble enough to immu­nise us against new fraud threats on a same day basis. This is exact­ly what IRIS deliv­ers”, states Chris­tian von Hammel-Bonten, SVP Head of Strat­e­gy and Busi­ness Devel­op­ment at Clickand­Buy.

“The analyt­i­cal strengths and the high­ly flex­i­ble deci­sion making mech­anisms of IRIS help Clickand­Buy to convert unknown customers into secure customers. In turn, merchants bene­fit from both fraud reduc­tion and high­er sales volumes”, adds Niko­laus D. Bayer, manag­ing direc­tor at IRIS Analyt­ics.

About Clickand­Buy

Clickand­Buy is one of the lead­ing pay­ment services in the inter­net. Certi­fied by McAfee and test­ed by Germany’s Tech­ni­cal Inspec­tion and Test­ing Asso­ci­a­tion (TÜV), this online pay­ment system is used for inter­net purchas­es by over 13 million people. Having doubled its turnover gener­at­ed by traders and end customers to € 922 million (TTV) in 2008, the Clickand­Buy Group first crossed the billion euro thresh­old in 2009.

Over 16.000 online traders use Clickand­Buy’s epay­ment system for their ecom­merce, retail, online enter­tain­ment, and paid content & services billing, includ­ing Deutsche Telekom, Scout24 Group, Apple iTunes, Napster, Orange, msn, AOL, Meet­ic, Parship, Elec­tron­ic Arts (EA), Code­mas­ters, McAfee, Panda, RTL, Play­boy, Finan­cial Times Deutsch­land, Foto.com, Deutsche Boerse Group, KPMG, Yama­ha, Digi­tal River, Redcoon, bonprix (Otto Group).

Found­ed in 1999, Clickand­Buy repre­sents over 10 years of expe­ri­ence and exper­tise in the e-pay­ment market. The online pay­ment system is oper­at­ed by Clickand­Buy Inter­na­tio­n­al Ltd. in London. As an e-money insti­tu­tion licensed by the UK’s Finan­cial Services Author­i­ty (FSA), Clickand­Buy’s com­plete service includes 120 curren­cies and offers 50 natio­n­al and inter­na­tio­n­al modes of pay­ment through­out 31 coun­tries.

About IRIS Analyt­ics

IRIS Analyt­ics serves the elec­tron­ic payments indus­try as a compe­tence centre for the preven­tion of pay­ment fraud. The company devel­ops and markets the IRIS fraud preven­tion solu­tion and provides consult­ing services. Issuers, acquirers and pay­ment proces­sors across the globe use IRIS, and there­by bene­fit from reduced fraud loss­es, increased customer satis­fac­tion and signi­f­i­cant TCO reduc­tion.

Media contacts

Niko­laus D. Bayer
IRIS Analyt­ics GmbH
niko­[email protected]

Katery­na Kogan
Clickand­Buy Inter­na­tio­n­al Ltd.
pr@clickand­buy.com