| Source: Planet Payment Date: June 05, 2012 10:03 ET | |
Enhancements to Planet Payment's eCommerce Gateway With 3-D Secure(TM) Delivered Through Cardinal Centinel(R) | |
| CLEVELAND and LONG BEACH, N.Y., June 5, 2012 (GLOBE NEWSWIRE) -- CardinalCommerce Corporation, the world-leader in enabling remote commerce (internet, mobile, etc.), and Planet Payment, Inc. (LSE:PPT) (LSE:PPTR) (OTCQX:PLPM), a leading provider of international and multi-currency payment processing services, announced the integration of Cardinal's 3-D Secure solution, Cardinal Centinel®, with Planet Payment's iPAY multi-currency eCommerce gateway. Cardinal Centinel provides online and mobile merchants with a solution to reduce fraudulent chargebacks, manual reviews and interchange rates. Online customers are asked to enter a PIN code at checkout, which is verified by the bank that issued the credit card. The 3-D Secure program is supported by Visa and MasterCard under the Verified by Visa® and MasterCard SecureCode® branded authentication initiatives. The Centinel platform can reduce operational costs and losses incurred due to fraud including chargebacks and fines. As a result of the agreement with Cardinal, Planet Payment customers can now receive the fraud protection and benefits offered by the 3-D Secure programs. "3-D Secure helps online merchants fight Internet fraud and reduces their cost of selling online. 3-D Secure also enhances our merchants' ability to expand into overseas markets," stated Scott Goldthwaite, Senior Vice President of Product Management and Marketing for Planet Payment. "As an international multi-currency processor, Planet Payment shares one of Cardinal's goals to bring secure remote transactional capabilities to customers all over the world, '' said Colt McCutcheon, Vice President, Global Sales, CardinalCommerce. "Cardinal is pleased to provide the power of Cardinal Centinel to the Planet Payment iPay gateway.'' | |
