CR2 collaborates with M2P Fintech to secure e-commerce transactions

By Leandra Monteiro

CR2, digital banking and funds platform partnered with M2P FintechThe world chief in embedded monetary infrastructure.

The partnership affords banks an revolutionary answer to safe e-commerce funds and forestall ‘cardless’ fraud. The objective is easy, to extend cost safety for financial institution clients with out unnecessarily prolonging cost durations.

Fintan Byrne, CEO of CR2 As CR2, we’re dedicated to empowering banks with revolutionary options that create a seamless buyer expertise whereas constantly bettering digital funds. We proceed to collaborate with high quality expertise suppliers to develop our associate ecosystem. By this partnership, we’ll present a best-in-class answer to fulfill clients’ calls for for handy and safe funds. We’re delighted to associate with M2P Fintech to offer our clients with an answer that gives cost safety throughout all channels with a easy buyer expertise.”

On-line buying development continued in 2021 with a 17.1% improve in international e-commerce. Retail e-commerce gross sales exceeded $5.2 trillion worldwide in 2021. As e-commerce transactions improve, the likelihood of fraud additionally will increase. Banks want to enhance the power to cut back fraud, shorten cost instances and supply their clients with a safe and handy digital cost expertise.

The 3D Safe dynamic protocol authenticates the cardholder throughout e-commerce transactions to stop fraud. Robust Buyer Authentication (SCA) has grow to be an more and more vital requirement for banks serving to revolutionary cost companies and strengthening safety.

This partnership will see M2P’s ACS 3D Safe expertise answer built-in into CR2’s platform to enhance the cardboard issuance providing and help safe e-commerce funds. It additionally provides banks the pliability to design a novel authentication course of for his or her clients.

Madhusudanan R, Co-Founder, M2P Fintech “We’re excited in regards to the alternative to associate with CR2 to convey our world-leading authentication options to key markets within the Center East, Africa and Southeast Asia. M2P’s extremely customizable Cost Authentication platform permits for seamless integrations, enabling superior authentication choices. We have leveraged the most effective that commerce, mobility and funds have to supply to offer a seamless buying and selling expertise for purchasers.