PRESS RELEASE Of interest to editors and journalists covering: Business/Finance, eCommerce, DotCom, Accounting, NY Business News PreCharge Risk Management Solutions Announces Strategic Partnership With Merchant 911 NEW YORK, NY - August 5, 2004 /Send2Press Newswire/ -- preCharge Risk Management Solutions (www.preCharge.com), the up-and-coming leader in credit card chargeback risk management today announced a strategic partnership with Merchant 911 (www.merchant911.org). The partnership between preCharge and Merchant911 will allow both services to more quickly and efficiently identify fraudulent activity online, affording merchants the peace of mind that comes with access to the most comprehensive information currently available. "The reality is that the merchant is always held responsible for credit card fraud. The acquirer isn't responsible, neither is the issuer, or the processor. The buck always stops with the merchant," said Tom Mahoney, Founder and Managing Director for Merchant 911. For less than the cost of a single chargeback, merchants can now protect themselves against chargeback activity in a way that has never before been possible. With over 100 comprehensive checks and cross-checks, the preCharge system provides the most comprehensive credit card transaction screening process ever created. "The preCharge system was designed with the small business in mind," says Alex Corral, Director of Technology for preCharge Risk Management. "Our goal is to be the best and we will not waiver." About preCharge Risk Management preCharge Risk Management provides the most up-to-date and advanced scoring system online today, meeting the needs of all businesses from today's small Internet start-up to the most advanced e-commerce sites. The preCharge system was designed to give Internet merchants the ability to identify illegal activity before it occurs. More information: http://www.preCharge.com About Merchant 911 Merchant 911 is an organization of merchant members who believe in the same goals. Since 2001 Merchant 911 has helped thousands of merchants protect themselves against credit card fraud and today helps over 2,000 merchant members in the fight against chargebacks. More information: http://www.merchant911.org Media Contacts: Alex Corral Director of Technology of preCharge Risk Management Solutions +1-212-751-6213 technology@preCharge.com Tom Mahoney Founder, Managing Director of Merchant 911 +1-717-669-1835 contact@merchant911.org /Note to editors: logos available on request. / # # # [ source of news = preCharge Risk Management Solutions and Merchant 911 ] ref: http://www.send2press.com/2archive/2004/pr04-080503-precharge.txt http://www.send2press.com/2archivePDF/pr04-080503-precharge.pdf ----------------------------------------------------------------- *IMPORTANT NOTE TO MEDIA: to reach the organization releasing this news, please contact: technology@preCharge.com (media only) If used for publication, please send specimen copy. ----------------------------------------------------------------- S2P-NB/ 0C / NY / New York, N.Y. / USA / English Copr. (c) 2004 Send2Press Newswire. This release was issued on behalf of the above organization, who is solely responsible for accuracy of content, by Send2Press(TM), a unit of Neotrope(R). http://www.Send2Press.com [www.NYnetwire.com] keywords -------- chargeback, risk, partnership, visa, mastercard, 911, precharge