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VerifySpot

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Payment security solution verifying credit card possession and proximity.

Overview

VerifySpot is a company that focuses on payment security solutions, particularly in the area of fraud prevention for online transactions. It offers a range of tools aimed at verifying the buyer's possession of the credit card used for purchases and their proximity to the billing address. The company employs technologies such as GPS location verification and real-time data analysis to tackle online fraud, which is a concern for online merchants looking to minimize chargebacks and improve transaction security. VerifySpot also emphasizes privacy and security, aiming to protect customer data while providing merchants with verification processes intended to enhance trust in digital payments.

Key facts

Founded
2017

Business model

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About VerifySpot

What does VerifySpot do?

VerifySpot is a company that focuses on payment security solutions, particularly in the area of fraud prevention for online transactions.

Where is VerifySpot headquartered?

VerifySpot is headquartered in Manitou Beach Devils Lake, United States.

When was VerifySpot founded?

VerifySpot was founded in 2017.

Which sector is VerifySpot in?

VerifySpot operates in Fraud & Identity, part of Financial Technology.

Who are VerifySpot's competitors?

Companies similar to VerifySpot include Realme, Omlis, and Verione.