LegitScript’s New MCC Detection Solution Accurately Assigns MCCs in 30 Seconds or Less
LegitScript
Making the internet and payment ecosystems safer and more transparent — now and for future generations.
Hi Folks,
In this edition of LegitNews, we invite you to learn about accurately assigning merchant category codes (MCCs), uncovering the skinny on new weight loss drugs, and reviewing updates on best practices for transaction laundering detection.
We’re pleased to announce LegitScript MCC Detection — an AI-powered solution trained on 15+ years of merchant risk data.
Acquirers, payfacs, payment service providers (PSPs), and ISOs all know—MCCs impact fees, rates, and potential penalties in a myriad of ways.
Use it to re-assign miscoded MCCs or as a tool to identify businesses that need updated MCCs. Ensure you remain compliant with card network policies while meeting special registration requirements for MCCs deemed high-integrity risk.
LegitScript MCC Detection helps you accurately assign MCCs in 30 seconds or less.
What’s the skinny on new weight loss drugs? LegitScript covers why GLP-1s are creating risk—and what to do to mitigate that risk.
Skyrocketing demand and GLP-1 shortages have led to counterfeit products, unapproved brands, problematic ads, shady affiliates, and outright scams.
In this 60-minute webinar, we'll explore the myriad of ways in which fraudsters are infiltrating portfolios, marketplaces, and social media platforms to exploit desperate consumers.
LegitScript honors International Fraud Awareness Week with a webinar to help you detect and prevent fraud such as transaction laundering.
Learn the latest tactics needed to mitigate the risk of transaction laundering in your downstream and/or merchant portfolio. Discover how fraudsters use networks for load balancing and learn tips for identifying the hallmarks of transaction laundering.
This webinar is approved for one hour of ETA continuing education credit.