PAY ON and CardinalCommerce Join Forces to Offer Premium Consumer Authentication Solutions Worldwide

CardinalCommerce, the global leader and pioneer in the remote payments industry since 1999, and PAY.ON, a worldwide leading white-label payment platform provider for payment service providers and acquirers, have agreed to integrate Cardinal’s Consumer Authentication solution into the PAY.ON platform.

Munich, Bavaria (prnob) October 23, 2014 - CardinalCommerce, the global leader and pioneer in the remote payments industry since 1999, and PAY.ON, a worldwide leading white-label payment platform provider for payment service providers and acquirers, have agreed to integrate Cardinal's Consumer Authentication solution into the PAY.ON platform. The solution will connect Cardinal with over 100 of PAY.ON's payment service provider clients serving more than 50,000 merchants worldwide.

PAY.ON offers comprehensive payment technology expertise. Their fully PCI-certified omni-channel payment Platform as a Service (PaaS) is continually developed to meet the rapidly changing needs of the market. Enabling sophisticated fraud prevention is a core part of PAY.ON's platform, and modular solutions give payment service providers the flexibility to offer merchants tailored fraud prevention which can increase revenues by up to 30%. Cardinal's premium Consumer Authentication solution makes it possible for payment service providers to further fine-tune risk settings, giving their merchants more choice and control in how authentication is deployed. Advanced configuration of 3-D Secure is part of Cardinal's Consumer Authentication, building upon PAY.ON's existing fraud prevention solutions.

Cardinal's Consumer Authentication solution will be fully integrated with PAY.ON's widget based payment page COPYandPAY, and can be used alongside Active Payment Method Selection to give merchants risk management tools for frictionless payments, while effectively combating fraud.

Partnering with Cardinal further expands PAY.ON's portfolio of payment solutions, giving clients the tools to increase sales, reduce chargebacks and interchange fees, and reduce manual reviews.

Nikolaus von Taysen, CSO & Founder at PAY.ON, said, "Offering Cardinal's premium Consumer Authentication solution as part of our modular Platform as a Service (PaaS) gives payment service providers even greater flexibility in determining the perfect risk management and authentication measures for their merchants. Cardinal's sophisticated rules engine boosts sales by reducing abandonment rates caused by unnecessary or unwanted 3-D Secure authentication, and also reduces fraud and chargebacks through suitable authentication for riskier shoppers. This ultimately boosts the bottom line of both payment service providers and their merchants."

Alasdair Rambaud, Senior Vice President of Merchant Services at Cardinal, said, "The Cardinal team is thrilled to start sharing our award-winning Consumer Authentication solution with PAY.ON's clients.

We know that it will complement PAY.ON's other payment offerings, increase revenue and minimize fraud for their PSP clients and their merchants. This partnership with PAY.ON provides another example of how CardinalCommerce can FutureProof our customers' global payment needs."

About CardinalCommerce

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 our proprietary SafeCloudTM payment platform, 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 www.cardinalcommerce.com.

About PAY.ON

PAY.ON delivers white label payment infrastructure systems to payment providers, enabling them to outsource all of their payment processes or to integrate defined modules into their existing system. PAY.ON's payment platform and gateway are available in the form of a "Platform as a Service" (PaaS). Standardized processes coupled with technical flexibility ensure payment innovation and processing on global scale. PAY.ON's comprehensive portfolio consists of an omni-channel payment platform, insightful business intelligence tools and smart fraud prevention solutions. A modular payment gateway connects to more than 350 system-relevant payment providers worldwide and offers more than 200 payment methods via a single API. PAY.ON helps payment providers address current market challenges and gives them a competitive edge by rapidly increasing their revenues, saving costs, and reducing risk with the lowest time to market. Headquartered in Munich, PAY.ON has subsidiaries and representation in New York, Hong Kong, Salzburg, London and Paris.

For more information, visit www.payon.com.

Media contacts:

Tara Lavelle
Vice President, Marketing
CardinalCommerce Corporation
877.352.8444
tlavelle@cardinalcommerce.com
Christopher Taine
PR Manager
PAY.ON AG
+49 (0) 8945230 557
press@payon.com

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