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Follow on Google News | North American Bancard and IDology Join Efforts to Better Serve the Mobile Payment IndustryPartnership provides faster and more efficient way to verify new mobile merchant accounts
By: Lindsey Legacki “The mobile merchant market is really just emerging. We wanted an identity verification solution that was flexible enough to change with the needs of the market, and scalable enough to accommodate the fast growth within it,” said Richard Parrott, Vice President of Risk and Underwriting at North American Bancard. “IDology’ North American Bancard process more than $10 billion worth of electronic transactions annually for more than 100,000 merchants nationwide. Pay Anywhere is a payment solution offering the flexibility and freedom to accept credit card payments anytime and anywhere via a mobile device. The Pay Anywhere app and card reader accessory were developed to offer a range of payment options for non-profit organization, businesses and more. IDology’ “As the mobile payment industry continues to gain momentum, it is critical payment processors are taking the proper steps to prevent fraud,” said John Dancu, CEO of IDology. “Approving the wrong person is both costly and time consuming. Our partnership with North American Bancard helps reduce their time and effort while improving their bottom line through lower costs and more approvals.” About North American Bancard Headquartered in Troy, Michigan, North American Bancard is a multi-faceted payment solutions provider dedicated to providing the latest technology as well as the highest service levels to non-profit organization and businesses of all sizes with round-the-clock technical and customer service support. As a registered MSP/ISO since 1992, North American Bancard provides its clients with a full suite of products and services. North American Bancard processes more than $12 billion in electronic transactions annually for more than 135,000 merchants nationwide. For more information, visit www.nabancard.com. About IDology, Inc. IDology, Inc. provides real-time technology solutions that verify an individual's identity and age for anyone conducting business in consumer-not- End
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