PAY.ON Enhances Fraud Prevention Capabilities With Quova

MOUNTAIN VIEW, CA, Jul 07 (MARKET WIRE) --
Quova, Inc., the leading provider of IP geolocation data and services,
today announced that PAY.ON AG, a leading developer of payment and risk
management technologies and a global processor of online transactions,
has implemented Quova's IP geolocation data to assist, detect and prevent
fraudulent online payment transactions.

PAY.ON is a global payment outsourcing and routing company based in
Germany, with offices in Austria, Hong Kong and the Philippines. For the
company, having a reliable strong fraud screening process in place was
imperative. PAY.ON's fully PCI-certified online payment platform enables
online payments to occur by traditional as well as alternative methods.
The gateway also offers a wide range of local e-payment methods and
currencies, via a single interface, to a variety of clients across
numerous sectors. Clients of PAY.ON include leading payment service
providers, payment scheme suppliers, acquirers and clearing houses, as
well as risk management providers.

By using Quova's IP geolocation data, PAY.ON can establish the real world
location of a Web visitor and break down cardholder details to country,
state or even city level. Armed with this information, the payment
processor can compare the location of the user during the order process,
with their registered card details monitoring any discrepancies in
distance from the billing address. PAY.ON then instantaneously highlights
mismatches and identifies suspicious transactions prior to payment
authorization.

"We selected Quova due to its strong track record within the fraud
prevention market. We were also impressed by its level of accuracy in
detecting an IP address right down to city level for a variety of online
payment methods," said Robert Kuzelj, CEO of PAY.ON. "We are in the
process of a strong global expansion and we believe that by using Quova's
data we can further strengthen our fraud screening process, in addition
to reinforcing our position as a leading global player within the payment
market."

"Fraudsters are using increasingly intelligent methods of accessing
payment details and PAY.ON's decision to implement IP geolocation
technology highlights how important it is for online companies to have
fraud prevention mechanisms in place," said Steve Sawyer, Vice President
of Business Development EMEA, Quova. "By setting standards for products in
terms of risk factors, such as identifying mismatches between customers'
IP locations and their billing addresses, e-commerce sites are now able to
dramatically reduce fraudulent activity."

About Quova

Quova, Inc. enables online businesses to instantly identify where a
visitor to their Web site is geographically located. Online companies
including broadcasters, e-retailers, ad networks, banks, and government
agencies integrate Quova's IP geolocation data into their Web
applications to geotarget their advertising and content, detect
card-not-present fraud, manage distribution of digital content, comply
with local laws, and more. Quova delivers detailed demographic and network
characteristic data about an IP address and the data is 99.9% accurate at
the country level and up to 98.2% accurate at the US state level (attested
to by Pricewaterhouse Coopers). Quova, founded in 2000, is based in
Mountain View, California, and is privately owned. www.quova.com

About PAY.ON AG

PAY.ON is an internationally leading, PCI-certified supplier of global
online payment and risk management technologies. Clients of PAY.ON are
leading payment service providers, payment scheme suppliers and financial
institutions. The Company, founded in 2004 and headquartered in Munich,
Germany, follows a course of steady growth and expansion. PAY.ON offers
the core competencies of global outsourcing services and routing for
monetary transactions, wallet solutions, risk management and monitoring
services, as well as various technical back-end solutions. All products
are white-label. For more information and the latest press
communications, please refer to www.payon.com.

Media Contact Quova:
Catherine Koo
Tel: +1 415 992 4400
quova@lewispr.com

Media Contact PAY.ON:
Annett van de Bunt
Tel: +49 (89) 45 230 552
annett.vandebunt@payon.com

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