Cleveland, OH and New York, NY (PRWEB) July 21, 2015
CardinalCommerce, the global leader and pioneer in the remote payments industry since 1999, and Zooz, an industry-leading payments platform provider, are partnering to offer Cardinal Consumer Authentication (CCA) to the Zooz merchant base.
Zooz enhances enterprise-class retailers’ payment infrastructure, enabling them to process transactions efficiently and flexibly for competitive rates across online and in-store channels. Zooz’s Smart Routing solution provides merchants with the intelligence to identify trends and issues, in order to route payments for increased acceptance rates and reduced costs. By empowering merchants with data intelligence, Zooz enables them to make informed decisions about transaction routing, future integrations, global expansion, and omni-channel commerce, while bolstering the consumer journey.
With CCA, Zooz’s clients will enjoy the same protection for their card-not-present transactions that Cardinal’s Customers have relied on for years. With Cardinal’s collaborative approach, CCA incorporates what the issuer knows about their Customer (KYC) with what the merchant understands about that same consumer, providing a better and richer data set to make decisions to increase authorization yield. In addition to increasing sales, using CCA will improve margins and enhance the consumer experience, allowing merchants to add more revenue and drop the favorable results directly to their bottom line.
“By partnering with Cardinal, we are able to offer our merchants a secure payment solution that meets market requirements while also offering extensive flexibility,” said Vlad Branin, VP Professional Services at Zooz. “They will now be able to decide on a case-by-case basis which consumers require authentication, rather than using a ‘one size fits all’ approach that either enables fraudsters or frustrates honest shoppers with unnecessary extra steps in the checkout process.”
Alasdair Rambaud, SVP of Merchant Services at Cardinal, said, “Cardinal is excited to be able to provide our proprietary Consumer Authentication solution to the Zooz merchant base around the world. With One Connection to Cardinal, we’ll help merchants generate more eCommerce sales, minimize online fraud, deliver an enhanced consumer experience and help FutureProof their payment needs.”
CardinalCommerce is the pioneer and global leader in enabling authenticated payment transactions in the card-not-present payments industry since 1999. Through One Connection to the proprietary Cardinal SafeCloud, CardinalCommerce enables friction-free, technology-neutral authentication and alternative payment services (including digital wallets and mobile commerce services). Cardinal services, partners with and complements most providers in the marketplace to deliver their One Connection to secure transactions. In accommodating this growing number of payment brands and methods, Cardinal's platforms serve as universal switches, supporting virtually all merchant platforms, wallets, legacy processing systems and authentication methodologies.
CardinalCommerce is headquartered in Cleveland, Ohio and services a worldwide Customer base from facilities in the United States, Europe and Africa. For more information, visit http://www.cardinalcommerce.com
Zooz provides a payments platform designed to help merchants maximize their payments performance. It offers the flexibility to connect with multiple financial institutions, seamlessly integrate acquirers, e-wallets, alternative payment methods, fraud management and other third-party services, and intelligently route transactions through the entire payment process. Zooz consolidates and analyses all payment data to provide valuable information to merchants, enabling them to personalize customer experiences online and in-store. It is the partner of choice for any business seeking to extend reach, reduce decline rates, increase revenues, maintain strong customer relationships and meet the challenges of the dynamic global market. For further information please go to http://www.zooz.com.
Vice President, Marketing