Acquiring Bank Relationships, PayPal, Ukash, Chexx
Fraud Management Solutions
FAC Awards
3. Who is First Atlantic Commerce Ltd?
Established in 1998 Bermuda and Grand Cayman
17 full time staff in Bermuda; 3 international Consultants
Executives with over 25+ years experience in Information
Technology, Card Processing, Merchant acquiring and ecommerce
solutions
PCI Certified (2005/6/7/8/9), MasterCard MSP/TPP, VISA ISO
Core Services include:--
Internet Multi-Currency Transaction Processing Solutions
3-D Secure Payer Authentication
Risk and Data Management Services/ Online Fraud Prevention
Strategic Multi-jurisdictional Solutions
Payment consulting services
4. What is Unique About FAC Solutions?
We simplify business objectives for online businesses through
implementation of creative payment solutions that others do not
support or realize are possible.
We architect unique multicurrency, multi-jurisdictional
processing solutions that allow global online businesses to expand
into regions and countries where they would not be able to easily,
nor without great cost, via a single interface to FACs
platform
5. What is Unique About FAC Solutions?
FAC provides a spring board for international acquirers and
merchants to process ecommerce based transactions in
multi-jurisdictional environments using a single PCI certified
processing platform simple and cost effective!
Excellent positioning for multi-currency payment solutions for
global merchants requiring tactical international strategies for
North America, Latin America, Asian and European markets
FAC merchants connect to FAC via a single interface but may
have acquiring relationships in multiple countries to diversify
volumes and expand business/corporate strategies
FAC provides multi-currency credit card processing as well as
alternative payment options including PayPal, Ukash, check issuing
services and EFT (electronic funds transfer)
Integrating to our secure gateway enables merchants to offer a
range of multi-currency processing options on their web sites
including Visa, MasterCard, American Express (Europe),PayPal,
Ukash, Check Issuing services and EFT or ACH within the US.
European debit capabilities will be available soon including
Maestro, iDeal and Recurring debit payments
Transaction functions include pre-authorisations, auth-only ($0
included) Captures, Reversals, Refunds, 3D Secure-only, AVS-only,
CVV2 match checks
Real-time reporting is available to assist with quick response
times, managing customer expectations and service levels
7. FACs Payment Processing Platform
Key Features
Multi-jurisdictional, multi-currency settlement via a single
interface
Direct merchant accounts
Batch processing (real time and offline file upload)
Call Centre web applications
Virtual Terminal (back office support)
Mail Order/Telephone Order (MO/TO)
Repeat and Subscription Billing
Secure web-based transaction reporting
Web-based chargeback reports
24 x 7 telephone, web and email emergency technical
support
3-D Secure - multi-regional certifications in place (EU, CEMEA,
LACR)
IP Geolocation Services
CVV2/CVC2/CID and AVS checks
PCI Compliant Gateway
8. 9. Acquiring Bank Relationships
FAC is certified to many bank processors and acquirers in the
Caribbean including Panama and Bermuda, Mexico, the UK, Europe, and
Mauritius .
Some of the banks that we work in the Latin American Caribbean
Region include:
ScotiaBank International
CAPITAL G Bank, Bermuda
FAC has access to several Pan European Acquiring banks that
support multi-currency credit card processing at competitive
rates
10. Currencies
Available Currencies are dependent on the solution you choose
for your merchant acquiring.
Pan Europe Solution--Pricing & Settlement Currencies
Euro Pound SterlingUS Dollars
Swiss FrancNorwegian Kroner Swedish Krona
Danish Krone Japanese Yen Canadian Dollar
Australian Dollar Hong Kong Dollar Saudian Arabian Riyals
Cypriot Pound South African Rand Icelandic Krona
Thai Baht New Zealand Dollar Singapore Dollar
Czech Koruna Polish Zloty Hungarian Forint
Maltese Lira Latvian Lat Lithuanian Litas
Slovak Koruna
11. Currencies
Asia Pacific Solution --Pricing & Settlement
Currencies
British Pounds
US Dollars
Euro
Canadian Dollars
Swiss Francs
Swedish Kronor
Danish Krona
Mauritius Rupees
Japanese Yen
Australian Dollars
Hong Kong Dollars
South African Rand
Singapore Dollars
United Arab Emirates Dirhams
Kenyan Shillings
12. Currencies
Latin American Caribbean Region Solution
All South American, Caribbean and Central American currencies
are available through acquirers in the LACR with settlement to US
Dollars
Examples of currencies include: Argentine Peso, Colombian
Pesos, Bolvian Boliviano, Brazilian Reals, Chilean Pesos, Costa
Rica Colons, Belize Dollars, Canadian Dollars, US Dollars, Bahamas
Dollars, Jamaican Dollars, Cayman Island Dollars etc.
13. Ukash
Consumers can pay quickly, simply & anonymously
Online merchants can redeem Ukash vouchers through a check-out
function via our payment gateway
Redemption is in real-time and with zero chargeback liability
(treated as cash)
Consumers can purchase Ukash vouchers in the UK, France, Spain,
Germany, the Netherlands, Sweden, Portugal, Russia, Poland, South
Africa, Ireland, Cyprus, Australia, New Zealand, Canada, and
Uruguay.
Ukash will soon be able to be purchased via Mobile devices with
debit to bank accounts but then redeemable online at registered web
sites
Ukash provides a guaranteed alternative to credit cards in
markets where Issuers may be blocking transactions or consumers
want to remain anonymous
14. PayPal
Consumers can shop securely and pay quickly
Leverage FACs relationship with PayPal to accept card brands,
along with PayPal, through one single host
Through our interface, PayPal supports payments for merchants
with registered business entities in the European Union including
the UK, the Netherlands, France, Germany and Spain
Consumers are able to buy goods in their local currency, and
the transaction is settled in the currency of the country where the
merchant PayPal bank account is registered
With a network of more than 190 countries and regions, and in
multiple currencies, PayPal reaches across the globe to give you or
your business a way to pay or get paid
15. Chexx
Check Issuing and Electronic Funds Transfer (EFT)/ACH
Fast and affordable outgoing payment remittance and refunding
solutions via our payment gateway
We can provide for issuing and disbursing high volumes of
checks and electronic funds transfers (EFT & ACH) in local
currencies to payees in over 65 countries via our relationship with
Chexx Inc
Ideal for merchants who need to send incentives, rewards,
refunds, prizes or commissions
Check issuing or electronic funds transfers (EFT) in over 30
currencies to companies or individuals across the globe
16. Fraud Management Solutions
FAC provides online merchants with data to help them protect
their businesses from fraudulent transactions, chargebacks and
unauthorized payments
Address Verification Services (AVS) screens customer by
comparing billing address to cardholders credit card statement
Card Verification Code -- CVV2/CVC2/CID validates security code
found on back of credit card
IP Geolocation evaluate the risk of an ecommerce transaction
based on geography of consumer
3D Secure Verified By Visa & MasterCard SecureCode
3D Secure pre-authentication
Cardholder Account Confirmation services (random micropayments
prior to charging the full amount)
Collaborative fraud management services via our partner, Ethoca
Limited
17. FAC Awards
In December 2005, FAC was acknowledged by a panel of
prestigious UK journalists who awarded FACs CEO with the European
CEO magazines Business Leader of the Year Award
In determining selection criteria the panelists reviewed the
following criteria
The contribution made to the global business process and the
integration of markets;
The individuals speed of progress to the top of their
field;
Exploitation of locations to enhance the effectiveness and
development of the business;
Quality of product and the excellence of support service;
Potential for growth and market dominance;
The panel concluded that the FAC CEO had ensured secure and
flexible access to e-commerce, to businesses at all levels.
18. FAC Awards 19. FAC Awards
FAC won the Bermuda Governments Technology Innovation of the
Year Award in April, 2008
FAC won the coveted award for architecting and implementing 3D
Secure pre-authentication solutions for the Mexican consumer market
to facilitate a reduction in credit card fraud
FAC was honoured for creatively using technology as a tool to
innovate the ecommerce industry