Say Goodbye to Fraud: 3D-Authentication
Product Releases
Jul 28th 2020

Say Goodbye to Fraud: 3D-Authentication

Jochebed
Jochebed


Internet fraud has been on the increase lately, and businesses are not spared from this risk at all. As a business owner, you must ensure that you have measures in place to protect your business finance from this risk of being ripped off.

The Modus Operandi of these criminals has evolved, as should the measures you put in place to secure your business financial assets.

Because we at Redbiller understand your needs as a business owner, we have developed a new feature to help you tackle this risk. It is called 3D-Authentication.



How does it work?

3D-Authentication is a security mechanism that prevents unauthorized debits on your wallet despite the presence of a valid API private key.

This will helps us to confirm if a transaction request came from your server before processing it.

3D-Authentication protects you from both outward and inward attacks, making your API private key useless in the hands of the wrong people or unauthorized personnel.

Beginning from Monday, June 1st, 2020, all non-enabled 3D-Authenticated wallets, will be automatically enabled. As a result, debt-related services, such as bank transfers via the API will be denied, if not enabled.

We encourage you to begin the integration process as soon as possible to prevent service denial.

 

Keeping you safe and secure is our priority!


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