MIAMI — Alto Global Processing has announced the release of AltoShield, a new solution designed to prevent chargebacks from reaching a company’s bottom line.
“AltoShield uses leading chargeback interception technology to help merchants worry less about chargebacks and more about growing their revenue,” said Luca Bizzotto, CEO of Alto Global Processing. “Our chargeback interception service bridges the gap between card issuers and merchants while providing a clear line of communication to stop chargebacks before they are sent to the merchant’s acquiring institution."
Bizzotto said, "In collaboration with Ethoca and Verifi, AltoShield’s secure network enables issuing banks to collaborate directly with merchants to stop fraud, recover lost revenues, accept more transactions and reduce the number of chargebacks, including in threshold calculations.”
A key component of Alto Global Processing’s chargeback prevention strategy, the Miami-based company said, is the new AltoRAM system.
“AltoRAM is designed to help businesses manage the chargebacks that are received by providing real-time reporting and alerts that include your chargeback levels along with identification of any suspicious activity,” Bizzotto said. “The system gathers chargeback data as well as important transaction details, allowing us to fight the chargeback and win your money back right away.”
Already integrated with many CRMs and gateways, AltoRAM is typically a plug-and-play integration and can be used in conjunction with payment processors anywhere in the world.
“For years, Alto Global Processing has continued to provide all of the essential merchant account acquisition and processing solutions merchants need to succeed in the modern digital world,” a spokesperson for Alto Global Processing said. “Now, with the advancement of AltoShield and AltoRAM, the company is evolving its offerings to include layers of protection that go far beyond getting the transaction completed, and focus more closely on making sure every dollar from each transaction actually stays in your bank account.”