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How secure are attendee credit card transactions?

April 26, 2017attendee credit card Secure transactions

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How secure are attendee credit card transactions?

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EventElephant does NOT keep or hold any credit card or debit card details at all. The online payment process takes place through our secure payment gateway, Adyen. EventElephant has NO access to attendee bank accounts or bank account details. Attendees paying for an event online are verified through Adyen who screen all incoming card details. The Adyen software collect the card details, (including the unique IP address of the attendee, the card number, the expiry date and the CVV number), and process the payment once the details have been verified. All cards are automatically scrutinized against Adyen’s international ‘Credit Card Black List’ and rejected if positively matched. Weighted values have been assigned to; transaction events, customer locales and card details. These weighed values are held in Adyen’s risk assessment module, which evaluates every transaction and assigns it a potential risk value. Any risk score reaching 100 or more is automatically refused.