Credit Card Risk Assessment | PCI Booking

Credit card risk assessment

The importance of protecting traveler credit card data cannot be underestimated. At the same time, it is equally important for the customer to protect themselves from possible credit card fraud and the ramifications (costly chargebacks, damage to company reputation, etc.) that arise from fraudulent transactions.

In addition to covering your tokenization needs, PCI Booking now offer risk assessment validation on captured credit card data. Risk Assessment returns a ranked-score that allows customers to determine the level of caution should be given to each transaction or reservation.

For an in-depth view of the risk assessment tool please review the technical documentation.

Risk Assessment

Risk Scoring

Through the use of an algorithm designed to highlight known credit card fraud characteristics, each card will be assigned a score corresponding with different levels of threat.

Scoring is based upon:

  • Anonymous IP address: States if the IP comes from an anonymous proxy server.
  • IP address location: Country where the traveler entered the card data.
  • Card issuer and country: According to the credit card BIN number (first 6 digits of the card number)
  • Billing address: The traveler’s billing address.
  • Risk result ranking

    Each score will be accompanied by a ranking that represents the level of caution that each card should be handled with. Complete list of risk result levels:

    • Very High Risk - Use of an anonymous proxy server, or a discrepancy between billing address, card issuer and IP address
    • High Risk - Mismatch detected between billing address and credit card issuer country
    • Low Risk - Transaction originating from location different to card issuing country
    • Very Low Risk - Billing address, IP address and card issuer country all agree

    For example, if discrepancies are found between the traveler’s IP address, their billing address and the country from which the credit card was issued, a response of Very High Risk will be issued.

    Optional integration into tokenization workflow

    Seamlessly include Risk Assessment as a supplementary stage in the card tokenization process. Customers may request that a risk assessment score be generated in addition to the creation of the PCI compliant card token. This will allow the customer to make a more informed decision in regard to suspect reservations.