Irish Payment Gateway Tabs FAC for Online Fraud Prevention

July 19, 2010

First Atlantic Commerce (FAC), a Bermuda-based, multi-currency payment gateway and risk management solutions provider, and WorldNet TPS, a European payment gateway based in Dublin, recently announced a collaboration to fight fraud for WorldNet customers in Ireland, the U.K. and across Europe. WorldNet has selected FAC for its 3-D Secure-only service, a fully compliant payer authentication solution for Verified by Visa and MasterCard SecureCode designed to protect international online merchants from fraudulent transactions. John Clarke, head of product innovation at WorldNet said: “FAC’s standalone 3-D Secure solution is helping us provide our clients with another means to combat chargebacks and credit-card fraud.”