Product: In$tant Alerts

Company: Paymentech, L.P.

Paymentech is arming merchants with a fraud-fighting weapon that will give them an edge on exception items. The company now offers customers a system that will send them an e-mail when an out-of-the-ordinary transaction occurs at one of their merchant locations. With this information in hand, merchants can address pesky exception items before they become a problem.

Paymentech's Web-based system, called In$tant Alerts, can send an e-mail as quickly as 10 minutes after the transaction. Not only do merchants get the e-mail, but the product also allows them to view activity reports on their exception items online.

Paymentech will customize In$tant Alerts for each customer's specifications - a merchant decides how its transactions should be flagged by the system. It can flag unusual activity that may indicate fraud, such as abnormally high same-day card usage or a high dollar amount of return transactions.

The system monitors high-risk transaction categories such as chargebacks, retrievals, velocity and interchange qualification.

In$tant Alerts is part of Paymentech's Web-based Re$ource Online suite of products. It is designed for the restaurant, lodging, retail and petroleum/convenience store industries.

Paymentech, L.P.

1601 Elm Street

Dallas, TX 75201

1-800-708-3740

www.paymentech.com