First Data, CardinalCommerce Enable Alternative Payments

Nov. 4, 2010

CardinalCommerce and First Data Corporation recently announced the launch of an alternative payment system for merchants using First Data’s Compass payment processing solution. The new system will enable online merchants to use their existing credit and debit systems to seamlessly accept and process alternative payments transactions through services like PayPal Express Checkout. Previously, merchants that accepted PayPal were required to maintain separate payment systems outside of their core credit and debit processing. By integrating with First Data’s Compass solution and CardinalCommerce, merchants that accept PayPal now have the ability to process payments through their existing credit card infrastructure. In addition to streamlined processing, merchants are also able to easily combine order management, customer service and reporting of each alternative payment type within their core business. “Success in the e-commerce marketplace requires the ability to seamlessly accept a broad range of payment types, including alternative payments like PayPal,” said Souheil Badran, senior vice president and division manager, First Data. “First Data’s integrated solution expedites implementation, adheres to compliance requirements and minimizes shopping cart abandonment.”