Dixons signs with Experian for secure e-payment system

UK retailer Dixons has signed an agreement for security company Experian to provide secure payments at card not present (CNP) transactions.

NEWS Experian's e-identity product allows Dixons to access more than 400 million Experian customer records. When it finds an acceptable customer match, it sends results directly to Dixons and verifies the buyers' identity. The CNP facility allows customers to purchase over the internet, as well as through call centres. CNP transactions are particularly susceptible to fraud, according to recent figures from the Association for Payment Clearing Services (APACS), which revealed that CNP fraud was on the increase by 146 per cent.

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