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Follow on Google News | First Atlantic Commerce & Mercadotecnia Ideas y Tecnología join forces to reduce online credit cardFAC provides MITec with authentication-only fraud management tools
By: First Atlantic Commerce FAC offers customized consumer authentication- In a move to add value to their services and provide their clients with the best available technology, MITec has selected FAC for its world-class online risk management solutions. FAC is providing MITec with AVS-only services, which allows merchants to automatically screen by comparing the online billing address to the billing address attached to the cardholder's credit card, and process transactions in real-time. MITec is also using FAC's 3-D Secure only service, which is a fully compliant payer authentication solution for Verified by Visa and MasterCard SecureCode designed to protect international online merchants from fraudulent transactions. Gabriel Gomez, director of fraud prevention for MITec said: "FAC's solutions are key in helping us to mitigate chargebacks and credit card fraud. We are now armed with incredible consumer authentication tools from FAC, which we have integrated into our fraud prevention services to help fight online credit card fraud." Added Christopher Burns, FAC's VP of International Business Development: FAC's online payment and risk mitigation solutions are compliant and PCI certified, and also available to banks and processors in other regions including Europe, CEMEA and Asia. For more information on FAC's approach to authenticating consumers online, banks and processors should contact info@fac.bm today or visit the company's website – www.firstatlanticcommerce.com. FAC's online payment gateway and risk mitigation solutions are compliant and PCI certified, and also available to banks and processors in other regions including Europe, CEMEA and Asia. First Atlantic Commerce (FAC) is a leading Internet, multi-currency payment and fraud risk solutions provider. Headquartered in Bermuda, and established in 1998 to create secure card-based payment solutions for e-businesses, FAC's cGate technology offers service, flexibility and security to adapt to many business and bank acquirer requirements. FAC provides merchants with multi-currency payment solutions in addition to fraud and data management services including AVS, CVV2/CVC2/CID, 3-D Secure and IP Geolocation in multiple jurisdictions across Europe, Asia and the Latin American Caribbean Region. For more information, please visit www.firstatlanticcommerce.com. # # # First Atlantic Commerce (FAC) is a leading Internet, multi-currency payment and fraud risk solutions provider. Headquartered in Bermuda, and established in 1998 to create secure card-based payment solutions for e-businesses, FAC's cGate technology offers service, flexibility and security to adapt to many business and bank acquirer requirements. FAC provides merchants with multi-currency payment solutions in addition to fraud and data management services including AVS, CVV2/CVC2/CID, 3-D Secure and IP Geolocation in multiple jurisdictions across Europe, Asia and the Latin American Caribbean Region. For more information, please visit www.firstatlanticcommerce.com. End
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