Fortune Magazine Covers Allied Wallet as a Leader in Fraud Prevention

WEST HOLLYWOOD, Calif. - April 6, 2013 - PRLog -- Los Angeles, CA: Fortune Magazine’s March 2013 issue recognized Allied Wallet, a global leader in online credit card processing (https://www.alliedwallet.com/credit-card-processing/), multi-currency merchant services (https://www.alliedwallet.com/merchant-services/), and software development, for their state of the art security advancements.

Fortune Magazine’s recent feature, ‘Safe and Sound’ offers a detailed look at leading global payment provider, Allied Wallet, and how security is a “basic part of the blueprint” for their business. CEO Andy Khawaja founded Allied Wallet based upon the desire to secure transactions, recognizing the eventual shift that payments would take into the digital space.

Security is a major concern in the payment space; and Allied Wallet opened doors to battle fraud and scam (https://alliedwallet.com/fraud-protection), protecting consumers with their secured eWallet solution and merchants with their PCI Level 1 Compliance.

Allied Wallet has achieved the highest level of PCI Compliance to protect all merchants and consumers. Additionally, they’ve maintained a proprietary Fraud Scrub to prevent chargebacks while keeping global representatives on hand to address any potential fraud attempts.

“Security,” says Khawaja, “is what we do best. It’s what we do all day long. We’ll never outsource security to anyone.”

Not only is Allied Wallet vowing to never outsource security, Allied Wallet is in the process of building what they believe to be the latest and most secure method of payment, fingerprint-based purchases. Fingerprints will be linked to the eWallets of consumers and they will be able to make secure payments through biometrics.

“It’s critical to make sure customers are protected,” says Khawaja. And it seems to be the Allied Wallet way to make sure that transactions stay secured and remain secured for many years to come.