E-xact and Chase Paymentech Introduce New "Non-Storing" E-Commerce Solution, WSP
May 30 2008 - 6:22PM
Marketwired
VANCOUVER, BRITISH COLUMBIA , a leading provider of secure
payment gateway solutions, announces its new Web Secure Pay
solution with Chase Paymentech.
E-xact's latest innovation, Web Secure Pay or WSP, eliminates
all of the complexity and liability usually involved with accepting
payment via the web. This highly secure, easy-to-integrate solution
allows merchants to process payments without the hassle of
complicated data security practices required by banks and industry
regulators.
WSP is designed to integrate with websites by using a few simple
snippets of customized HTML code. It allows merchants to accept and
confirm payments without ever handling the customer credit card
data - this removes liability and assists merchants with their PCI
compliance. WSP offers fully customizable, and safe processing of
sensitive payment data while preserving the look and feel of the
merchant's website.
Peter Fahlman, President of E-xact states, "Together with Chase
Paymentech, we have been working to develop this easy and secure
payment service. Now with the addition of Interac Online, which
allows for secure online debit transactions, merchants can offer
ease-of-use and privacy for online customers without a complicated
integration with their website."
E-xact is currently presenting at RailsConf 2008 in Portland,
Oregon.
For more information on E-xact and its product offerings, visit
www.e-xact.com.
Peter Fahlman, President
About E-xact Transactions Ltd.
E-xact is a fully PCI compliant provider of fast and secure
online transaction solutions. Since 1998, we have been at the
forefront of the emerging world of online exchange, with solid and
secure transaction processing systems and superb customer service.
E-xact specializes in real-time, secure movement of financial
information through IP-based point of sale interfaces, providing
quick, easy and affordable transaction solutions for merchants and
corporate businesses.
About Chase Paymentech (http://www.paymentech.com/)
Chase Paymentech Solutions, LLC, headquartered in Dallas, Texas,
is the world's largest merchant acquirer accepting payments at the
point of sale, hospitality, internet, retail, catalogue and
recurring billing. The privately-held company is an end-to-end
processor for merchants of all sizes and industries. The company
processed approximately 18.2 billion transactions in 2006, with
more than $660.6 billion in annual bankcard and debit volume. Chase
Paymentech's customer base reflects the most respected brands in
the world. It represents more than 600,000 merchants with nearly
one million locations globally. Chase Paymentech is a joint venture
between JPMorgan Chase & Co. and First Data Corp.
The statements which are not historical facts contained in this
release are forward-looking statements that involve risks and
uncertainties. E-xact Transactions Ltd.'s actual results could
differ materially from those expressed or implied by such
forward-looking statement. Factors that could cause or contribute
to such differences include but are not limited to competition,
general economic conditions, currency fluctuations and other risks
detailed in the Company's filings with the Canadian securities
regulatory authorities. The TSX Venture Exchange has not reviewed
and does not accept responsibility for the adequacy or accuracy of
this release.
The statements which are not historical facts contained in this
release are forward-looking statements that involve risks and
uncertainties. E-xact Transactions Ltd.'s actual results could
differ materially from those expressed or implied by such
forward-looking statement. Factors that could cause or contribute
to such differences include but are not limited to competition,
general economic conditions, currency fluctuations and other risks
detailed in the Company's filings with the Canadian securities
regulatory authorities.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: E-xact Transactions Ltd. Peter Fahlman President (604)
691-1670 x 110 Website: www.e-xact.com
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