Actinic Software Announces Agreement With InternetSecure, the Leading Canadian Credit Card Processing Company.Business/Technology Editors EAST BRUNSWICK, N.J.--(BUSINESS WIRE)--Feb. 5, 2001 Agreement enables Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. merchants to quickly establish e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. and begin processing all online transactions in a single, safe and secure platform Actinic actinic /ac·tin·ic/ (ak-tin´ik) producing chemical action; said of rays of light beyond the violet end of the spectrum. ac·tin·ic adj. Software, a provider of e-commerce software solutions for small to medium-sized businesses, today announced an agreement to integrate InternetSecure Inc., the leading Canadian Internet credit card processor, into its e-commerce solution. This agreement allows Canadian merchants the ability to quickly set up an online store and process all transactions through a single, centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. source that offers leading-edge protection against credit card fraud Credit card fraud is a wide-ranging term for theft and fraud committed using a credit card or any similar payment mechanism as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to obtain unauthorized funds from an account. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Statistics Canada, in 1999 the Canadian e-commerce industry was valued at $4.4 billion and is expected to increase to $151.5 billion by 2004. Despite this growth, costly complications exist for small and mid-sized Canadian online merchants. For example, Canadian merchants are typically required to obtain merchant status from various banks (which often require substantial security deposits) in order to process e-commerce transactions. The agreement with InternetSecure eliminates this step for Actinic merchants since they can now execute all payment processing exclusively through InternetSecure. InternetSecure is the only Canadian processor that provides merchant status for all popular credit cards. In addition, InternetSecure's sophisticated fraud detection software provides Actinic's Canadian merchants with an exceptionally secure payment offering. "InternetSecure is the leading payment provider in Canada," said Adrian Horsfield, vice president of sales & marketing of InternetSecure. "We offer online merchants the technology to process all transactions safely and efficiently. This agreement with Actinic enables a small to medium-sized e-business owner to now have access to a premiere banking system that increases their competitiveness, lowers costs and improves customer service." "This agreement with InternetSecure propels Actinic even more aggressively into the Canadian market," said Brian Johnson, vice president of sales of Actinic Software. "Unlike the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , where there is a wealth of resources, Canadian merchants are currently struggling to find the necessary tools they need to create an online business. By integrating Actinic's easy-to-use desktop e-commerce software with InternetSecure, we can now provide Canadian merchants with the most sophisticated e-commerce solution in the marketplace." About InternetSecure Operating in 84 countries, InternetSecure is the world's premier Internet credit card processor. Founded in 1995, the Company provides merchant status for all popular card brands, and its proprietary fraud detection software allows merchants to enjoy the lowest chargeback Chargeback The charge a credit card merchant pays to a customer after the customer successfully disputes an item on his or her credit card statement. Notes: Customers dispute charges to their credit card usually when goods or services are not delivered within the rate in the industry. About Actinic Software Founded in 1996, Actinic Software is a provider of e-commerce software solutions for small to medium-sized businesses. Actinic's full range of software products provides cost-effective ways to design, build, manage and grow online businesses, supporting business-to-consumer (B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. ) and business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) e-commerce initiatives. The company has more than 10,000 licenses sold in over 20 countries worldwide. For more information, contact Actinic at 877-673-6365, or via the Web at http://www.actinic.com. |
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