A secure and compliant payment system drives conversion. That’s why we ensure that our payment system provides a secure environment for your customers and protects your business.

Customer data protection legislation is complex and constantly evolving, and it’s vital that your business understands and meets these requirements. At AKT Money, our experts take this complexity out of your hands – we provide a payment system that is fully compliant with worldwide legislation and our consultancy ensures your business responds and is not restricted by changes in the world of online payment security and data protection.

AKT Money online payments solution complies with the following legislation:

Payment Services Directive (PSD2)
General Data Protection Regulation (GDPR)
4th Anti Money Laundering Directive

Our dedicated security team takes an integrated approach to security, which includes technical, regulatory, human and environmental factors. This allows us to take a view of security that is both broad and continuously responsive to the evolving threat landscape.

When you partner with AKT Money for your online payment solution, you benefit from a multi-layered security defence, alongside continuous testing, including vulnerability scanning and penetration testing. Our information security framework includes PCI compliance at its core.

We promote and build a culture of security through regular training, communications and information sharing. This allows us to continuously evolve and strengthen our security position, as well as mitigating non-technical security threats such as phishing.

Machine Learning
Advanced BI systems create and monitor real time transactions. Generating behaviour maps, monitoring patterns in sales data and identifying any anomalies that could indicate fraudulent activity, before a transaction is even completed.

Device Fingerprinting
A key tool in credit card fraud prevention. Identify users or devices and be alerted to their return to your site, even if using a different IP address, browser or untracked cookies.

Cross-Merchant Intelligence
We develop negative databases of previous fraudulent user profiles from other merchants that we work with, allowing us to spot fraudulent users across merchant pages.

IP Geolocation Tracking
As well as identifying fraudulent users, we can pinpoint where they are located in the world and spot them when they arrive on your site in future.

Merchant-Controlled Rules
Tailored transaction or behaviour rules exclusive to your site or payment process. Merchants are alerted when these rule conditions are broken to identify fraudulent activity.

Industry and Sector-Specific Risk Profiles and Rules
Tailored transaction or behaviour rules based on our industry and sector experience. Merchants are alerted when these rule conditions are broken to identify fraudulent activity.

Processing and management of credit card and direct debit payments is essential to any E-commerce business, but it also puts your business at increased risk of chargebacks and the resulting false positives on your bottom line. Reducing the risk requires security measures, but the difficulty lies in finding a fraud solution which achieves a balance between protection and maintaining the smooth processing of honest transactions to increase conversion.

AKT Money chargeback management combines AI, advanced reporting and insight, with the support of dedicated fraud experts to ensure you minimize fraud and maximize revenue.

We provide you with access to, and monitor, five comprehensive chargeback dashboards within our advanced BI system. These will show:
1) How many chargebacks you received over a certain period
2) What the chargeback reasons were
3) How long it took before the chargeback took place
4) What the chargeback rate is
5) Benchmark your performance: compare your chargeback rate against your peers in your vertical


All this data is analysed by us across various parameters including country / region, card type and currency.