FAC Offers Authentication Service through European Firms

Oct. 28, 2010

First Atlantic Commerce (FAC), a Bermuda-based online payment gateway and fraud management company, recently announced it has implemented its 3-D Secure service with Allied Irish Bank Merchant Services (AIBMS), Elavon and Barclaycard. FAC is now certified to AIBMS, Elavon and Barclaycard for 3-D Secure Verified by Visa and MasterCard SecureCode. AIBMS, a joint venture between AIB and First Data, is Ireland’s largest provider of card acceptance services, e-commerce and payment services. Elavon is a global merchant acquirer and Barclaycard is one of the largest payment processors in the U.K. FAC enables merchants to use its payer authentication solutions to obtain liability shift for chargebacks on certain reason codes.“The key factor here is that our 3-D Secure consumer authentication service does not require that the merchant use our payment gateway for clearing,” said FAC’s vice president of marketing and communications, Tricia Lines Hill.  “Merchants can use their existing payment gateway alongside our MPI so the authentication can be done as either a standalone solution or in conjunction with payment processing.” The company said its online payment and risk mitigation solutions are compliant and PCI certified, and also available to banks and processors in other regions including North America, Europe, CEMEA and Asia.