Consent-based
Payment Authorization
CYBercriminals are targetting your CUSTOMERS.

Every day, hundreds of thousands of dollars are lost by organizations due to online fraud, and thousands of users become victims of identity theft because transactions are executed on their behalf without their knowledge.

  • In 2018, $24.26 billion was lost due to payment card fraud worldwide
  • Credit card fraud increased by 18.4% from 2018 to 2019 and is expected to increase
  • Card not present fraud is now 81% more like than point-of-sale farud
  • Credit card fraud was ranked #1 type of identity theft fraud
next generation Authorization

BlokSec's consent-based payment authorization solution allows organizations to enable a step-up authentication and authorization model to curb credit card and payment fraud leading to identity theft.

BlokSec provides a mechanism to request context-specific consent before executing a transaction to ensure that users agree and intend to perform a specific action. This consent driven model offers organizations  irrefutable proof of identity and authorization, making the transaction undeniable.

Consent-based authorization can be used to protect credit history checks, online credit card purchases, money transfers, and may other sensitive actions that users may wish to perform.

reQUEST A DEMO

Why BlokSec's Consent-based Authorization?

next generation Authorization

BlokSec's consent-based payment authorization solution allows organizations to enable a step-up authentication and authorization model to curb credit card and payment fraud leading to identity theft.

BlokSec provides a mechanism to request context-specific consent before executing a transaction to ensure that users agree and intend to perform a specific action. This consent driven model offers organizations  irrefutable proof of identity and authorization, making the transaction undeniable.

Consent-based authorization can be used to protect credit history checks, online credit card purchases, money transfers, and may other sensitive actions that users may wish to perform.

reQUEST A DEMO
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