CardinalCommerce and IP Commerce Announce Partnership Enabling Rapid Integration of Any Payment Method for eCommerce and Mobile
DENVER--(BUSINESS WIRE)--IP Commerce, the industry leader in Platform-as-a-Service for Commerce providing an open API platform and workflow engine, and CardinalCommerce, the global leader in enabling alternative payment brands for eCommerce and mobile commerce, today announced a partnership between the two companies focused on the delivery of alternative payment acceptance and traditional payment methods to the software development community.
“The Cardinal partnership reaffirms our commitment to an open development platform for commerce. In the era of the API, it is important to recognize that the value of a Platform lies not only in the development tools (APIs) but in the ability to deliver multiple services to targeted market segments”
This partnership facilitates the delivery of these payment services both through the Cardinal Centinel® platform and the IP Commerce Managed Services Platform.
This relationship effectively connects the infrastructure used for electronic point-of-sale payments to the infrastructure used for remote commerce transactions. Payment brands and methods used online, in mobile commerce or for point of sale transactions can now be enabled with a single family of APIs. The importance is that merchants, merchant service providers, payment brands and those part of the financial service supply chain can leverage their existing systems to not only enable the brands for today but long into the future. It is the fastest, easiest and most simple way to enable payments.
"The Cardinal partnership reaffirms our commitment to an open development platform for commerce. In the era of the API, it is important to recognize that the value of a Platform lies not only in the development tools (APIs) but in the ability to deliver multiple services to targeted market segments," said Alfred 'Chip' Kahn, IV, CEO of IP Commerce. "This partnership will not only drive value to each of our respective customers, it will enable the software development community to obtain all tools and support required to streamline their development process. This one-stop shop simple integration, layered with authentication, business rules and governance, will provide the software market and their customers a simple and secure method to integrate traditional and alternative payments.”
The combination of both companies’ respective technologies, know-how, intellectual property, patents and patents pending make it hard to imagine how those in the industry wouldn’t benefit from the use of this technology. Together there are 13 issued patents and over 70 pending.
For more information on this partnership, and the benefits to the software development and payment communities, please contact us.
About CardinalCommerce
CardinalCommerce Corporation is the global leader in enabling authenticated payments, secure transactions and alternative payment brands for both eCommerce and mobile commerce.
The Cardinal Centinel® software platform enables payment brands, such as Verified by Visa, MasterCard® SecureCode™, Amazon Payments™, Bill2Phone™, Bill Me Later®, ClickandBuy®, Cred-Ex®, Ebates™, eBillme™, eLayaway™, Google™ Checkout, Green Dot® MoneyPak®, Mazooma™, Moneybookers, MyECheck, NACHA® Secure Vault Payments (SVP), NYCE® SafeDebit™, OneTouch Online Purchasing™, Paymate, PayPal™, Paysafecard, RevolutionCard™, Rialto Pay℠, SafetyPay™, TeleCheck®, Ukash™, and Universal Pin Debit Service to thousands of merchants and merchant service providers worldwide. CardinalCommerce is headquartered in Cleveland, Ohio.
With facilities in the United States, Europe and Africa, Cardinal services a worldwide Customer base. For more information, visit www.cardinalcommerce.com
About IP Commerce
Based in Denver Colorado, IP Commerce, Inc. provides the first cloud-computing platform for commerce - a highly flexible family of payment, data, value-added service, and Federated Identity APIs coupled with workflow, commercialization, and governance resident in the Platform - built to ignite application developer innovation and enable payment service providers to focus on innovation and growth through integrated payments.
Whether developing a payment application, or addressing the needs of a community of Software Companies as a payment service provider, the Platform provides a white-labeled approach to integration, promotion, acquisition and activation.
IP Commerce maintains partnerships with some of the world’s most respected financial institutions and software companies. Leading investors, including Meritage Funds, Venrock, Total Technology Ventures (TTV) and Iron Gate back the company. For more information visit, www.ipcommerce.com
Contacts
IP Commerce, Inc.
Tyler Hannan, 720-377-3700 x827
Platform Evangelist
thannan@ipcommerce.com
or
CardinalCommerce Corporation
Christopher G. Brown, CFO, 440-352-8444 x107
chrisb@cardinalcommerce.com
Tyler Hannan, 720-377-3700 x827
Platform Evangelist
thannan@ipcommerce.com
or
CardinalCommerce Corporation
Christopher G. Brown, CFO, 440-352-8444 x107
chrisb@cardinalcommerce.com
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