Under the terms of the deal, PriceTravel will leverage Accertifys risk management solution. Accertify will provide a tailored fraud solution to detect and resolve payment fraud. This platform is expected to reduce PriceTravels fraud-related losses and administrative costs while enabling the company to streamline the review of processing transactions, reducing fulfillment delays. PriceTravel will incorporate Accertifys platform into its existing website. The single application will be customized for PriceTravels needs and will include screening, prioritization, queuing, review and resolution processes to streamline fraud prevention.
PriceTravel provides an online portal for consumers to reserve hotels, packages, car rentals, tours, and airline tickets for major destinations in Mexico, Dominican Republic, the United States and the Caribbean.
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