SafetyPay Announces Partnership with CardinalCommerce
MIAMI BEACH, Fla.-(Business Wire)-September 16, 2009 - SafetyPay, an innovative, secure, global alternative payment system, and CardinalCommerce, the worldwide leader in enabling payment brands for both eCommerce and mobile commerce, today announced the addition of SafetyPay to the Cardinal Centinel® platform to support eCommerce business expansion into new markets.
SafetyPay specifically targets three untapped eCommerce markets: shoppers who are afraid to purchase online due to identity theft or fraud, International shoppers who cannot purchase because their credit cards are not accepted, and global online banking customers without a credit card but the financial means to shop online.
Cardinal and SafetyPay partnered to aid U.S. eCommerce business expansion in untapped domestic and International markets. Now, over 50 million International e-shoppers who desire to purchase from US merchants will have a secure, viable alternative payment solution with SafetyPay. International expansion is the new movement in the eCommerce world and overseas eCommerce represents one of the few compelling growth opportunities in this challenging retail environment; with bank partnerships in Latin America and Europe, SafetyPay is a turnkey solution to enter such markets.
“Cross border online purchasing is a huge untapped market and has been a challenge for e-merchants due to payment security and shipping logistics. Our relationship with CardinalCommerce and our shipping partners opens up a great opportunity for U.S. merchants to expand their customer reach,” said Manuel Montero, CEO of SafetyPay.
“SafetyPay is a significant value-add to Cardinal Centinel,” said Mike Keresman, CEO of CardinalCommerce. “With SafetyPay, Cardinal’s current, and future Customers, will have the supplementary means to secure new domestic and International business, all in one integration to the Centinel platform.”
About CardinalCommerce
CardinalCommerce’s global-leading technologies, Cardinal Centinel®* and Cardinal MAX™, enable authenticated payments; secure transactions, and alternative payment brands for both eCommerce and mobile Commerce. CardinalCommerce’s patented platform, Cardinal Centinel, allows merchants to accept all online payment methods, while providing access to other valuable products, independent of gateways, shopping carts, and processors.
For more information, visit www.cardinalcommerce.com
About SafetyPay
SafetyPay – The Safe Internet Payment System – was developed in response to the growing need for a global, safe online alternative payment method. SafetyPay is a secure online payment solution that enables online banking customers to shop online worldwide and pay directly through their online banking account in their local currency.
For more information, visit www.safetypay.com
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