09/10/09 -
FAC teams up with Ukash for alternative payment options in Europe and emerging online consumer markets
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First Atlantic Commerce (FAC), a leading, international,
multi-currency online payment and risk management solutions
provider, and Ukash, a leading online cash payment solution, have
teamed up to offer Ukash payment options to FAC's merchants in the
Latin American Caribbean Region, UK and Europe.
Ukash, which is regulated by the UK Financial Services Authority
(FSA), combines the timeless simplicity of cash with the benefits
of the internet to create a simple and unique payment solution that
allows consumers to buy securely, anonymously and privately
online.
FAC, a secure, PCI certified payment gateway that offers a range
of payment options to its merchants including Visa, MasterCard,
American Express and PayPal, has added Ukash to its payments
platform, which means that FAC merchants can now easily accept
risk-free cash payments on their website.
The move gives merchants access to, and retention of, new consumer
markets including customers that do not want to disclose their
financial details online, and those that do not have access to
credit and debit cards.
Ukash has become a globally-recognised payment method that enables
online transactions using cash. Merchants benefit from accepting
Ukash because the system opens up new consumer markets, while
offering freedom from credit and debit card fraud, repudiations and
charge-backs.
FAC merchants can now access Ukash together with PayPal and a
range of card brands for credit card processing through a single
interface.
Andrea Wilson, FAC's Chief Executive Officer, said: "We are
excited about the addition of Ukash to our payments platform. First
Atlantic Commerce continually strives to add value for our
merchants, and this integration will give them an additional option
for their customers to make online payment for goods and services.
It also enables merchants to access additional and alternative
payment options in emerging markets like Brazil, Uruguay, Russia
and Poland."
Mark Chirnside, Chief Executive Officer at Ukash, said, "The
mission for Ukash is to make online shopping available to anybody,
anywhere in the world and this deal with FAC is the next step
towards realizing that goal. FAC works across a broad range of
exciting sectors on a truly global scale so being added to FAC's
payment platform will make Ukash available to thousands of new
merchants who can then enable their customers to enjoy the benefits
of using cash to shop, pay and play online."
For more information on how you can start accepting Ukash via
FAC's platform, contact FAC at info@fac.bm or visit Ukash
here.
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