New York, September 21st , 2011 – Retail Decisions (ReD), a world leader in payment fraud prevention and payment processing, today announces the ReD Fraud Alert service, which enables issuers and merchants to easily exchange vital information in the fight against fraud. As the most significant modern advance in fraud detection and prevention in recent years, ReD Fraud Alert has been proven to drastically reduce merchant chargebacks by 43% as well as the risk of consumers falling victim to fraud.
Reduce Chargebacks: ReD Launches ReD Fraud Alert, Bringing Together Issuers and Merchants to Reduce Chargebacks