First Atlantic Commerce (FAC), an worldwide, online payment and risk management solutions provider, and Ukash, a worldwide online alternative cash payment provider, today introduced adding
Ukash
new Ukash processing services including multicurrency voucher giving, and full and partial voucher redemptions via FAC’s platform.
The businesses partnered in September 2009 to provide online retailers full value voucher redemption payment techniques in Europe and emerging online consumer marketplaces. Ukash is really a
globally-recognized alternative payment method that enables customers to look, pay and play online securely with cash. FAC is now accept vouchers which are released from physical Reason for Purchase
(POS) devices an internet-based released vouchers, enabling the service across both Card Present and Card Not Present systems.
“This can be a significant product release for FAC, supplying a completely integrated and secure alternative obligations solution for physical merchants selling Ukash via a POS system and Internet retailers
who would like to offer Ukash like a payment method,” stated Chris Burns, SVP Business Development in the beginning Atlantic Commerce. “We expect the Ukash payment brand to grow quickly within the South American
and Mexican marketplaces where interest in risk-free payment solutions by customers keeps growing tremendously.”
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Ukash, that is controlled through the United kingdom Fsa (FSA), combines the timeless simplicity and risk-free character of money with the advantages of FAC’s payment platform to produce a easy and
unique payment procedure that enables customers to purchase safely and independently online.
Ukash could be bought with cash through the physical POS estate an internet-based via bacs. Vouchers may also certainly be redeemed instantly online at taking part merchant sites. Partial voucher
redemptions are processed using the remaining voucher balance released to the customer like a new Ukash ‘change’ voucher, within the currency from the merchant’s business.
Retailers take advantage of accepting Ukash since the service reveals new consumer marketplaces, and will be offering freedom from credit and debit card fraud, and chargebacks.
FAC, a safe and secure, PCI-licensed payment gateway, offers a variety of charge card processing and alternative payment choices to online retailers over the Latin American Caribbean Region, United kingdom and Europe.
Ukash vouchers is now able to bought in Latin America along with other emerging marketplaces that need alternative, non-card based payment solutions for his or her customers and unbanked towns.
FAC is promoting its obligations platform to incorporate various alternative payment techniques additionally to the core online card processing services. FAC retailers can access Ukash along with
multicurrency obtaining, global check giving services, Electronic Funds Transfer (EFT) and a variety of card brands for card processing via a single, secure interface.