CardinalCommerce recently announced that it has achieved two major milestones - the company successfully processed one billion transactions and also completed more than 250 million mobile messages. The company has been one of the key leaders in the authenticated payment transactions for electronic commerce and remote commerce markets.
In a release, Chris Brown, Cardinal's chief financial officer, said, "We are extremely pleased to have protected more than one billion of our Customers' transactions. We estimate that these transactions represent more than $75 billion in secure remote commerce. This transaction volume results from our Customers having the benefit of seamlessly enabling authenticated payment methods, services, and applications through a single integration for internet and mobile commerce.”
CardinalCommerce supports authenticated electronic and mobile commerce over its Cardinal Centinel, Cardinal MAX, and Cardinal 2IDENTIFI payment platforms. The company’s platforms process transactions for payments brands such as Verified by Visa, MasterCard SecureCode, JCB J/Secure, American Express SafeKey, PayPal (News - Alert), BillMe Later, Alipay, Checkout by Amazon and Telecheck.
Mike Keresman, the company's chief executive officer, said, "We are very proud to have achieved these milestones, with over a billion transactions processed through our platforms. More importantly, we are excited to continue satisfying our Customers by adding payment brands, wallet technology, additional features, and functionality to our existing products and services. Our patented technology, know-how and demonstrated experience provide our Partners comfort that Cardinal will always be able to address not only their immediate needs, but also provide 'future proof' platforms and technology to help grow and protect their business in the years to come."
CardinalCommerce has consolidated its position as a global expert in providing authenticated payment transactions for the remote payments industry. The company's SaaS (News - Alert) software platforms support technology-neutral authentication for a wide range of applications.
Edited by Brooke Neuman