| Credomatic Ranks Hypercom Best Payment Provider in Central America
Hypercom Corporation announced that Credomatic, the largest merchant acquirer in Central America, has named Hypercom the best provider of electronic payment products for Central America . In Credomatic's just completed annual selection and evaluation of suppliers, Hypercom's payment systems ranked 97% out of a possible 100% in product quality, features and benefits, delivery, warranty, reclamations and additional services. "Hypercom is the most trusted provider of electronic payment terminals and transaction network devices in Central America ," said Martha Bonilla, Administrative Manager of Credomatic. "Credomatic is the most influential card issuer and merchant acquirer in Central America," said Jaime Arroyo , Managing Director, Caribbean and Central America, Hypercom Corporation. "Their ranking of Hypercom is particularly gratifying, speaks to our products' competitive advantages, and strengthens our ability to expand our market share in Central America ." The use of payment cards and terminals is escalating rapidly throughout Central America .
E-xact Announces PCI Compliance
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 30, 2007) - E-xact Transactions Ltd. (TSX VENTURE:EXZ), a leading provider secure payment gateway solutions, is pleased to announce that it has achieved full compliance with the Payment Card Industry (PCI) Data Security Standard (DSS). PCI DSS was developed globally to ensure merchants and service providers adopt best practices to enhance their payment account security. It was developed in 2004 by the card association, which includes: American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International. For more information about the PCI DSS visit www.pcisecuritystandards.org. Being PCI compliant assures that with E-xact's products and technology, merchant and cardholder data is protected by the industry's highest security standards.
The Aegenis Group Files for Patent on AR² Risk Methodology
The Aegenis Group announced this week that it has filed for a patent on its proprietary methodology for assessing merchant risk within an acquirer's portfolio. Park City, UT (PRWEB) June 14, 2007 -- The Aegenis Group announced this week that it has filed for a patent on its proprietary methodology for assessing merchant risk within an acquirer's portfolio. The AR²T Acquirer Risk model, created by company founder Chris Mark, allows acquirers to identify and assess large groups of merchants quickly and accurately, reflecting not only their likelihood of compromise, but the potential impact to the acquirer should a compromise occur. Unlike other risk tools available in the payments industry, the AR² methodology arms acquiring banks with the tools that they need to take proactive, measurable steps to manage compromise risk.
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