KANSAS CITY, Mo., June 27, 2007 (PRIME NEWSWIRE) -- VirtualTrak, a leading eCommerce solution provider, today announced that their flagship product, Verepay, now enables Verified by Visa and MasterCard SecureCode, payment brands that address consumer security concerns and offer significant benefits to merchants.
"Fraud and security concerns are growing in tandem with the growth of eCommerce. In order to stay competitive, merchants must address these concerns head on. Verified by Visa and MasterCard SecureCode help our merchants to do just that," says Richard W. Noble, CEO of VirtualTrak. "Powered by CardinalCommerce, these payment brands provide VirtualTrak merchants the 'Power to Sell' safely and securely."
By offering Verified by Visa and MasterCard SecureCode, VirtualTrak is making eCommerce safer for both buyers and sellers. When shopping online, cardholders enter the PIN/password they previously assigned to their credit card, protecting the cardholder from unauthorized use of their card when shopping online.
For merchants, the benefits include fraudulent chargeback protection, discounted processing fees and increased confidence in order acceptance. By enabling these payment services through VirtualTrak, merchants are providing a secure shopping environment for online buyers, while also protecting themselves from fraudulent chargebacks.
"Cardinal is pleased to partner with VirtualTrak to offer merchants a fast, easy and simple solution for enabling Verified by Visa, MasterCard SecureCode and other payment brands in the near future," says Mike Keresman, CEO, CardinalCommerce. "By providing this all-in-one solution, VirtualTrak proves their commitment to fulfill the needs of their eCommerce Customers."
About VirtualTrak
VirtualTrak Technologies delivers eCommerce and Internet based solutions to merchants of all types and all sizes. VirtualTrak's flagship product, Verepay, is a suite of eCommerce solutions enabling merchants to increase sales, maximize profits and manage their business in a safe and secure environment. Verepay offers flexible and easy to integrate technology including a certified PCI compliant payment gateway, shopping carts, alternative payment brands, website security and payer authentication.
VirtualTrak is part of the BCC family of companies headquartered in Kansas City, Mo. BCC Enterprises is a group of independent companies that offer electronic payment solutions and value-added business services to merchants, trade associations and corporations. For more information visit www.bccenterprises.com.
About CardinalCommerce
CardinalCommerce Corporation is a leading provider of payment brands for banks, merchants, processors and financial service providers. CardinalCommerce enables Verified by Visa, MasterCard SecureCode, PayPal, SECURE-eBill, Bill Me Later, Google Checkout, Green Dot MoneyPak and NetCash, with Western Union and NACHA Secure Vault coming soon. 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.
*Patent Number: No. US 7,051,002 B2
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