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Quova, Inc.

SafeCharge Switches to Quova for Online Fraud Detection

Mountain View, California (ots/PRNewswire)

- European E-Merchants Further Protected by Enhanced Transaction
Risk  Scoring
Quova, Inc., the world's leading provider and developer of web
geography services and technologies, announced today that SafeCharge,
a leading Internet payment solution provider to worldwide
e-merchants, has deployed Quova's flagship GeoPoint geolocation
service to enhance its market-leading credit card fraud solution and
dramatically improve risk scoring for online transactions. By
integrating GeoPoint's power to instantly determine the geographic
location of each customer and the cyber-location of each transaction,
SafeCharge has increased the ability of e-merchants to prevent fraud,
reduce chargebacks and maximize profitability.
"We have upgraded to Quova from another geolocation provider
because we needed the highest-quality data available in the
marketplace," said Zvi Meschi, CEO of SafeCharge. "We are now able to
determine with superior accuracy what nation each customer is in and
how the transaction is being routed, enabling us to provide a more
accurate risk score for each transaction. We are already seeing
improved results in identifying potential fraud."
SafeCharge processes hundreds of thousands of transactions a month
through a robust and comprehensive fraud detection solution that
combines leading-edge algorithms with a historical transaction
database. This massive database continually learns the buying habits
and characteristics of online fraud perpetrators, analyzing and
storing the data for future reference.
"E-merchants all over the Continent depend on SafeCharge to
protect them from the consequences of online fraud, and this
partnership constitutes a tremendous win for Quova in the European
market," said Gary Jackson, EVP of worldwide operations for Quova.
"We are excited by the rapid results that SafeCharge and its
customers have seen from adding our geolocation and routing detection
capabilities, and we look forward to expanding our presence in this
space very quickly."
About SafeCharge
Established in 2000 and based in Israel, SafeCharge is a leading
Internet payment solution provider, integrating high-end gateway
services with the most powerful credit card fraud detection solution
available today on the market. SafeCharge answers the need of
e-merchants seeking to maximize business profitability by reducing
fraud. By using the SafeCharge fraud detection solution, e-merchants
are able to prevent fraudulent credit card transactions and reduce
chargebacks. For more information, please visit www.safecharge.com.
About Quova, Inc.
Founded in January 2000, Quova, Inc. is the leading provider of
geolocation services to online businesses. Quova's patented
technology provides the geographic location of Web site visitors in
real time, enabling businesses to manage digital rights, target
content, detect fraud, conduct site analysis and ensure regulatory
compliance. Quova's customers and partners include industry leaders
such as Major League Baseball Advanced Media, Bell Canada, Cisco
Systems, ABSOLUT Vodka, BBC, HPshopping, VeriSign, 24/7 Real Media,
IBM SurfAid, Times Online and Sky Sports. A privately owned company
with investments from Mobius Venture Capital, IDG Ventures, Nexus
Group, Schoffstall Ventures and Fidelity Ventures, Quova is
headquartered at 333 West Evelyn Avenue, Mountain View, California
94041, with European headquarters in Amsterdam, The Netherlands.
Quova can be reached at +1-650-528-3700 and on the Web at
www.quova.com.
Quova, the Quova logo and GeoPoint are registered service marks
and/or trademarks of Quova, Inc.
Web site:  http://www.quova.com

Contact:

CONTACT: Mike Gaynes of Quova, Inc., +1-650-528-3700 or
mgaynes@quova.com