Maxpay Becomes Signature Member of Merchant Risk Council

March 23, 2017         By: Mike Dautner

International payment processor called Maxpay has some news regarding its introduction to the Merchant Risk Council.

The company recently announced publicly that they have become an official member of the MRC, the leading global trade association for eCommerce fraud and payment professionals.

According to the release, every second, r18 users become victims of payment fraud. This eventually stacks up to 556 million people per year. Fraud is the number one growing issue of any ecommerce business.

The MRC and Maxpay have collaborated to create stronger connections between payment professionals and fight fraud in the ecommerce space. Having gotten its start back in 2000, MRC is the foremost global, non-profit organization that unites experts whose mission is to fight fraud with CNP and payment spaces. The standard has been set in the past decade or so, as MRC has been supporting and promoting better eCommerce solutions around the globe.

In 2010, the MRC started to branch out with its community in Europe, now boasts 450 member companies spanning over 30 countries.

“Maxpay is thrilled to become a member of MRC. With the common goals of making eCommerce more efficacious, profitable and secure, Maxpay will be a strong asset to MRC. We look forward to our strategic collaboration with this global association,” said Artem Timoshenko, CEO of Maxpay.

“As the MRC continues to grow and flourish, we look forward to new ideas and contributions. Operational excellence for fraud, payments and risk professionals within eCommerce have always been the focus for MRC and the reason why we seek out members like Maxpay,” said Danielle Nagao, MRC CEO. “It is our goal to support and promote world experience exchange and to grow MRC’s members professional network and collaboration.”