| 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.
Merchants Should Be Preparing For The Holidays Now
Just as most consumers begin to enjoy summer, it's time for savvy merchants to put the finishing touches on holiday sales plans. While it is difficult to estimate the volume of "gifting" purchases made online, there is no doubt about the customers' penchant for buying gifts via this channel. During the 2006 holiday season, the e-tailing group, in conjunction with StartSampling, a marketing services company, conducted the inaugural Mindset of the Multichannel Shopper Survey. The survey found that 54 percent of those who intended to do any holiday shopping online did so because it saves time and money, with the latter being at the forefront of shoppers' minds. We don't anticipate much will change during the coming year except the web channel's share of wallet will continue to expand.
Banco Privado and American Express Launch the Banco Privado American
Buenos Aires, - American Express and Banco Privado de Inversiones (BPI) today announced the launch of The Banco Privado American Express Card. Banco Privado will offer three versions of the card, including Standard, Gold and Platinum. The cards will feature a wide range of benefits and services, including access to the American Express Selects program with special offers for Cardmembers worldwide, the BPI Chances program which offers amazing prizes every month, payment facilities and additional cards free-of-charge. In addition, Banco Privado Platinum Cardmembers will have access to the entr platform, with special merchant offers as well as a private benefits website and 24-hour customer service. Banco Privado designs the products, issues the cards, and manages the customer accounts, billing and credit management.
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