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Wednesday, December 14, 2011

Clydestone partners Cardinal on e-Commerce


Leading Ghanaian electronic payment (e-payment) processing firm powered by Clydestone, Global Switch (G-Switch) is partnering with Cardinal Commerce Corporation on electronic commerce (e-Commence).

The partnership would yield to the integration of Cardinal’s technologies on the switch, thereby empowering merchants in Africa to accept 3-D secure authentication services and alternative payments quickly and easily.

Additionally, the partnership would see G-switch deploying G-secure by leveraging on Cardinal’s Identifi Authentication platform, which enables financial institutions to authenticate customers for eCommerce transactions using Verified-by-Visa, MasterCard SecureCode or secure access for online banking applications.

A press statement from Clydestone signed by the Chief Executive Officer and Managing Director, Mr. Paul Jacquaye, G-secure would enable authentication for proprietary cards of G-switch member banks.

“G-secure will offer merchants the ability to accept payments on their websites by leveraging on Cardinal’s Centinel technology, a unique patented platform that allows several thousands of eCommerce merchants worldwide to accept a variety of authenticated payments, secure transactions, and alternative payment brands on G-switch,” he said.

Clydestone also would offer services via Centinel to several international airlines operating in Africa, as well as enabling any bank, retailers, hospitality outlet, government entity and or mobile service provider.

Online merchants of all types, he said, could capitalize on the convenience, security, and consumer growth associated with the alternative payment options through this partnership.

Mr. Jacquaye further said that G-secure platform is “up and running” and that the company is presently signing banks and merchants onto the platform.

He listed some of the services available on the Internet merchant platform to include a hosted checkout page, payment authorisation and settlement, recurring payments, 3-D Secure payment authentication, tokenization.

Equally, he pointed out that features of the service include consolidated reporting and merchant administration user interface.

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