The concept of a “merchant” is experiencing a seismic shift. Consumers continue to decrease their reliance on cash and checks, and embrace electronic commerce and P2P money moving solutions. Businesses and individuals want to provide their customers the option to pay for goods and services with credit cards, debit cards and alternative payment products.

By enabling merchants to accept these forms of payment, merchant acquirers expose themselves to risk. From card association compliance risk and bankruptcy attrition to merchant fraud, the challenge for merchant acquirers is to identify the likelihood of any of these risks, and mitigate losses while increasing portfolio volume.

Zoot’s advanced solution provides you with the industry’s most comprehensive approach to acquiring and monitoring merchants. Our innovative solution is designed to intelligently detect patterns and anomalies, enabling merchant acquirers to be more sophisticated and efficient in their initial merchant vetting and ongoing monitoring.

From detection to prevention, Zoot’s merchant monitoring solution leverages proven technology to create and implement customised strategies that help reduce losses while enhancing the customer experience. Our technology is proven, ultra-reliable and designed with security and scalability in mind.