Theme Park Payment Fraud & Counterfeit Money

Theme Parks seek to Minimize Losses from Payment Fraud

Limit Exposure to Counterfeit Cash, Credit Cards & Counterfeit Ticket Fraud

Theme Parks owners face a wide variety of payment fraud threats within their unique business structure. Parks may be vulnerable to counterfeit fraud at the ticket windows, gift shops, restaurants and other concessionaire locations. In fact, some theme parks operate multiple hundreds of payment processing locations in one center. Many parks also operate concessions selling alcoholic beverages, and thus, the need to comply with regulations requiring age verification is critical.

Theme Park Vulnerabilities

Fraud is a $221 billion problem annually and theme parks are not exempt, often being hit with multiple cases of fraud, which affect their bottom line.  Theme parks, independent of size, regularly lose a portion of profits to fraud. They can experience counterfeit transactions, such as fake currency, phony credit cards and counterfeit checks (personal, cashier’s, gift or travelers) and false identity. These fraudulent events can add up to dangerous levels of financial loss each year.

Fraud Fighter™, a division of UVeritech, provides a control framework to prevent fraud from occurring in the first place with low cost, easy to use solutions; and without adverse impact to the customer experience. Fraud Fighter’s innovative products and range of Ultraviolet solutions enable employees of theme park operations to quickly and accurately validate identification and payment types by viewing the “hidden” UV security features present in driver licenses and credit cards – as well as a host of other important documents, including currency, passports and traveler checks.

Added Value: HR Protocols and compliance

In addition to fraud prevention and financial transaction compliance issues, Fraud Fighter™ product solutions provide Human Resource departments with proven tools that contribute to reliable applicant screenings during the new hire process. For medium and enterprise operations that have high–level employee “churn” and are constantly involved in hiring new employees, Fraud Fighter empowers firms with rapid document authentication & identity validation solutions at optional levels of cost and accuracy.

Fraud Fighter’s advanced screening capabilities are critical in a broad applicant base hiring process, particularly as it relates to adhering to Immigration and Nationality Act (INA) employment eligibility verification requirements.