Getnet and Koin unite to strengthen fraud prevention in Latin America

This strategic partnership enables Getnet to provide enhanced fraud prevention tools to customers in the region through a single integration.

Getnet, the leading payment fintech in Latin America and Iberia, today announced its partnership with Koin. This alliance will enable merchants in Latin America to access innovative anti-fraud tools quickly and efficiently through a single integration, further cementing Getnet's commitment to customer security and trust.

As digital fraud becomes a growing threat to Latin American merchants, Getnet reinforces its anti-fraud strategy by incorporating Koin's advanced solutions. Using cutting-edge technologies such as artificial intelligence, biometrics, 3D Secure and manual review, Koin offers an additional layer of protection to reduce transaction losses and protect user information. In addition, Koin’s platform enables real-time transaction monitoring and optimises payment approval rates, which in turn helps to maximise merchant sales.

"Koin has established itself as one of the regional leaders in fraud prevention, and its integration with Getnet is a crucial step in ensuring that our customers operate more securely and profitably. Through this alliance, we offer a simple, effective and frictionless solution that strengthens our capabilities and allows us to continue our mission of helping merchants sell more and better. Thanks to our Single-Entry Point (Getnet SEP), merchants can access these capabilities in multiple countries through a single integration, simplifying their regional operations and accelerating their growth”

Raimundo Sala

Global Head of Growth & Alliances at Getnet

Agustin Borsi, Head of Partnership at Koin, said: “We are very excited to partner with Getnet to expand access to our fraud prevention solutions in Latin America. This collaboration will allow us to bring our technology to a broader base of merchants, helping them protect their transactions and provide a better experience for their customers.”

By reducing fraud rates and improving transaction approval rates, merchants can maximise their sales. The platform also offers analytical tools to monitor all transactions in real time and maintain greater operational control. Koin uses various data sources, together with artificial intelligence, specific rules, and machine learning, to identify fraudulent transactions, prevent scams, and protect data during the purchasing process.

This strategic alliance markets a significant milestone in Getnet's commitment to improving the payment experience for merchants in Latin America, providing superior solutions that not only optimise security, but also the profitability and growth of customers in the region.

Part of GETNET CONNECTS Series