Mackage Integrates the Optimal Payments NETBANX Hosted Payment Extension for Magento CASE STUDY Client Industry Clothing, Internet Retail The Business The Mackage fashion label was launched in 1999 by APP Group, a Montreal-based company specializing in the design and manufacturing of luxury outerwear. Now internationally recognized, Mackage has become one of the most prestigious contemporary outerwear brands in North America and can be found in high-end boutiques and department stores around the globe including a flagship store in New York’s famed SoHo district. Main Challenge: Integrate payment processing and fraud management to Mackage’s Magento ecommerce platform. Key Solution Areas ¡¡ Custom Silent Post REST API integration with single point of access though Magento ecommerce platform ¡¡ Continuous real-time fraud monitoring and refining of risk parameters ¡¡ Ability for Mackage to hold and review suspicious/fraudulent transactions using ThreatMetrix and additional custom velocity rules ¡¡ Ability for Mackage to issue credits and refunds processed directly though the Magento platform ¡¡ Customer profile management and for one-click checkout using tokenization of cardholder data for repeat customers The Challenge Mackage also sells its products online and, as with many who sell luxury brands and high-ticket items, became a target of fraudulent purchases. Fraud negatively affected sales conversions and increased their operational costs, inventory losses, and transaction chargebacks. In 2013, the company undertook a major revamping of their website and decided to take the opportunity to implement an ecommerce solution that would allow them to manage the various aspects of their growing online business as well as to optimize their risk management. Mackage chose the Magento Enterprise ecommerce platform, and the challenge for Optimal was to provide a fully integrated payment and fraud-management solution that could be managed from a single point of access through the Magento platform. “One of the biggest challenges facing online retailers is identifying fraudulent transactions before the goods are shipped. With our integrated ThreatMetrix service, Mackage can minimize and prevent losses while providing a positive checkout experience to its customers.” Martin Leroux Chief Business Development Officer Optimal Payments Mackage Integrates the Optimal Payments NETBANX Hosted Payment Extension for Magento The Solution To address Mackage’s needs, Optimal developed its NETBANX Hosted Payment Extension for Magento. Using Silent Post REST API integration to its NETBANX gateway, the extension performs several functions: “We are thrilled to have implemented an ecommerce solution that addresses all of our business needs and provides the proper balance of minimizing online fraud while maintaining the customer experience associated with the Mackage brand.” 1. Allows Mackage to accept payments and process transactions on a global scale. Patrick C. Elfassy,VP, Mackage.com 2. Provides extensive fraud-management features, including custom parameter settings through a Risk Rules Engine, address verification, CVV validation, IP/geo-location, negative database checking, and order velocity monitoring. 3. Includes ThreatMetrix device intelligence, which is a service that provides advanced risk scoring and fraud management. It allows operational staff to hold, release, and flag questionable transactions or perform additional fraud verifications prior to releasing an order for shipment. 4. Uses tokenization for one-click checkout for repeat purchases using secure customer profiles and cardholder data tokenization, meaning credit card information is never transmitted or stored locally on Mackage’s servers, which significantly reduces the company’s PCI compliance requirements and liability. North America 1 866.826.8003 [email protected] The Results Optimal’s NETBANX Hosted Payment Extension for Magento provides Mackage with a comprehensive payment and fraud-management solution that significantly reduces fraud losses and improves operational efficiency, all of which Mackage can manage from a single point through their Magento ecommerce platform. Since the launch of their new website, Mackage has proactively minimized their losses while providing their customers with an enhanced checkout experience. Optimal, under strict timelines, was able to work with the Mackage development team to deliver a customized solution catering to their requirements, ensuring that their busiest season started with enhanced risk protocols in place under the new platform. United Kingdom +44 (0) 1223 446040 [email protected] About Optimal Payments Established in 1996, Optimal Payments is a global end-to-end online payment service provider. Our NETBANX® gateway and services are trusted by more than 10,000 e-commerce businesses, including many global brands. In Canada, Optimal provides its services to a large number of Omni-channel retailers, etailers, financial institutions, government agencies, charitable organizations, and associations. Optimal’s proprietary NETBANX gateway is geo-redundant and PCI-DSS Level 1 compliant and can provide custom online payment solutions can that meet the needs of local businesses as well as large-scale international businesses.
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