This company provides e-commerce payment authentication solutions using 3D Secure protocols, helping financial institutions and merchants reduce fraud in card-not-present transactions. Their MPI and 3DS server solutions enable secure payment processing and identity verification for online businesses.
Funding
Funding not disclosed
Founders
Product
Problem
E-commerce businesses face significant challenges in securing online transactions due to the increasing sophistication of fraud techniques. Traditional methods often lack the robustness to effectively authenticate cardholders, leading to financial losses from fraudulent card-not-present transactions and increased operational costs related to disputes and chargebacks.
Solution
Logibiz Technologies provides a suite of payment security solutions designed to protect online transactions and streamline payment processing. Their offerings include a white-label payment gateway, 3D Secure authentication solutions, and a testing simulator to ensure secure and compliant payment environments. By implementing these solutions, businesses can reduce fraud risk, enhance customer trust, and achieve compliance with industry standards such as EMVCo and PCI DSS. Logibiz's products are tailored for payment service providers, banks, fintech companies, and merchants, offering flexible deployment options and customizable features to meet specific business needs.
Target Audience
Logibiz Technologies serves payment service providers (PSPs), banks, fintech companies, and online merchants seeking to enhance their payment security infrastructure, reduce fraud, and comply with industry standards.
Features
- White-label payment gateway platform with customizable branding and microservices architecture
- 3DS Server (Paybiz3DS) for strong cardholder authentication, EMVCo certified, with cloud and on-premises deployment options
- Access Control Server (PaybizACS) for multi-channel authentication, supporting web and mobile devices, and compatible with major card schemes
- SecureToken for payment tokenization, replacing sensitive card data with non-sensitive tokens to enhance security and reduce data breach risks
- Simbiz3DS, an end-to-end 3D Secure testing simulator for validating 3DS product development and ensuring compliance
- Risk-Based Authentication (PaybizRBA) for real-time fraud detection through transaction risk analysis
- Saudi Payment Gateway (SPG) Toolkit for PSPs and banks in KSA, compliant with Saudi Payments specifications
- EMVCo Consultancy Services to assist with achieving faster industry compliance and certification approvals
- Mobile SDKs for iOS and Android to improve user experience and data collection for authentication