MENTOR, Ohio and DALLAS, Jan. 17, 2007 (PRIME NEWSWIRE) -- JetPay, LLC, the nation's 7th largest payments processor and an industry specialist in the Internet and recurring payments space, and CardinalCommerce, a leading enabler of payment brands, today announced that the Cardinal AuthBridge(tm) solution is now integrated with the JetPay(tm) suite of payment transaction processing solutions. JetPay will become the world's first merchant payment processor able to offer all of the new major payment brands within its core product bundle.
The available payment brands include Verified by Visa, MasterCard SecureCode, Bill Me Later, PayPal, SECURE-eBill, Western Union, and NACHA (coming soon). Each is proven to reduce transaction costs and eliminate fraud while dramatically improving conversion rates, average order values, and customer satisfaction levels.
"Our relationship with CardinalCommerce has been beneficial for JetPay and its customers across all channels," said Trent R. Voigt, Chairman of JetPay. "An extension of our online product set via AuthBridge(tm) demonstrates our commitment to remain dominant as an eCommerce processor and will drive account and volume growth for our client merchants, banks, agents and ISOs."
The benefits of AuthBridge(tm) accrue primarily to those merchants with legacy software systems, order management systems or gateways that cannot support the data requirements of the new payment brands. The AuthBridge(tm) is a proprietary software adaptor that ensures payment data is appropriately processed by "bridging over" existing systems so that merchants aren't required to alter, modify or change their existing business methods.
"The AuthBridge eliminates infrastructure and development obstacles so that merchants can enjoy the benefits of the brands," says Michael Keresman, CEO of CardinalCommerce. "This clearly shows JetPay's commitment to satisfying the needs of eCommerce merchants."
To learn more about this initiative, contact JetPay at 800-834-4405 or CardinalCommerce at 877-352-8444 or email info@cardinalcommmerce.com.
About CardinalCommerce
CardinalCommerce Corporation is a leading provider of authentication services for banks, merchants, processors and financial service providers. CardinalCommerce also enables payment brands such as Verified by Visa, MasterCard SecureCode, PayPal, SECURE e-Bill, Bill Me Later, Western Union and the NACHA online payment option (coming soon) worldwide. Cardinal's proprietary and easily deployable technology provides consumers, merchants, credit/debit card issuers, and processors the ability to conduct authenticated Internet, wireless and mobile transactions safely and securely. Headquartered in Cleveland, Ohio, with facilities in the United States, Europe and Africa, CardinalCommerce services a global customer base. For more information visit www.cardinalcommerce.com.
The CardinalCommerce company logo can be found at: http://media.primezone.com/prs/single/?pkgid=697
About JetPay, LLC
JetPay, LLC is a Dallas, TX-based payment services company comprised of industry specialists fully conversant in all POS and order-entry software applications, payment systems integration, data networking, and communications technologies. Developer and manager of its own full service transaction processing platform, JetPay(tm) provides payment card authorization, capture, settlement, clearing and a full menu of related services designed to handle payment transaction processing for "high speed need" clients. JetPay(tm) maintains a business development and account support center in Dallas, focusing on meeting the payments acceptance needs of credit card, debit card and electronic check merchants across the globe. For more information, contact JetPay, LLC at www.jetpay.com.
Patent No.: US 7,051,002 B2