Equifax and Mastercard have partnered to combat payment fraud in Latin America.
Mastercard is offering fraud prevention and chargeback mitigation solutions to financial institutions, payment service providers, acquiring banks, and merchants.
The combined solutions, including Mastercard Identity and Ethoca Alerts, aim to protect the digital payments environment and prevent chargebacks.
Latin America has high fraud rates, and the collaboration between Equifax and Mastercard aims to improve payment transactions and reduce chargebacks in the region.