MonVerify is a revolutionary transaction verifier. MonVerify can save you tens of thousands in fraudulent charges. Reduce chargebacks, retrieval requests and disputes.
MonVerify will call your customers, thereby verifying their phone number. MonVerify will ask and record the full name of the customer. Monverify will then ask and record the CVV2 code, which is found on the back of all credit cards, strongly verifying possession of the credit card.
MonVerify will then ask them to repeat a phrase, such as: I accept the charge. MonVerify recordsand verifies their voice authorization and gives you access to that file.
MonVerify then asks your customer to sign a contract. This binding agreement states their full name, location, computer information, purchase description, date and signature as well as your terms of service.
These verifications are done in LESS than 30 seconds, making MonVerify the perfect solution to integrate on your website. MonVerify is excellent for real-time websites, auctions, and all high risk businesses where the card is not present. No recordings needed on your side, no uploads, just use the forms or api to control the call flow, giving you full flexibility on verifications.