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Paymentplus, LLC, a leader in global payment solutions and newly acquired division of Retail Decisions (LSE:RTD), and Arcot Systems, Inc., a leading provider of solutions for securing e-business, have entered into a strategic agreement, whereby Paymentplus will resell Arcot's TransFort(TM) Merchant Software to businesses worldwide that are joining the payer authentication service -"Verified by Visa."

"The integrated offering of Arcot's TransFort Merchant Software with LiveProcessor will provide a comprehensive payment solution with enhanced security for online transactions for consumers, merchants and banks and show our support for the "Verified by Visa" service," said Carl Clump, CEO of Retail Decisions.

Arcot's TransFort Merchant Software - the first solution to be named compliant with the 3-D Secure protocol by the Visa Compliance Testing Facility - will work behind the scenes to activate Visa's Payer Authentication Service, which is based on Visa's 3-D Secure Interoperability Standard. Also behind the scenes processing the transaction is LiveProcessor, an enterprise-class payment processing software developed by Paymentplus that delivers live credit card and electronic check transaction interfaces to third party transaction processors. Paymentplus has over 80 installations of LiveProcessor in the U.S. and its customers complete an estimated 10 million card-not-present transactions in 23 currencies on a monthly basis.

"We are pleased to be working with Retail Decisions. When our TransFort solution for Verified by Visa is combined with their comprehensive payment solutions, businesses will be able to provide their customers the safest way to shop online," said Chet Silvestri, president and CEO at Arcot Systems, Inc. "We are confident that our combined efforts will help merchants reduce the incidence of online fraud and resulting financial losses."

About Verified by Visa

Visa's Internet payment authentication process, Verified by Visa, is a service that adds greater online security to credit and debit card payments. The service enables participating card Issuers to validate a cardholder's identity through the use of a password during the online checkout process. This new password protection gives consumers greater control over when and where their card is used, further reducing the potential for unauthorized card use on the Internet.

How it Works

Upon completion of the shopping and checkout process - which remains unchanged from the cardholder experience today - the cardholder is asked to confirm his/her purchase with the issuing bank. The issuing bank provides the merchant with a confirmation that is validated by the merchant using a plug-in software module, such as the integrated solution provided by Paymentplus and Arcot Systems. Upon validation, the merchant proceeds with the existing authorization process.

About Arcot

Arcot Systems, Inc., is the leading provider of authentication and access control solutions for securing e-business in Internet-scale, transactional and wireless environments. Only Arcot provides cost-effective, scalable, software solutions based on the ArcotID(TM) Software Smart Card for strongly authenticating users and transactions for payment systems, Web-based email, Web portals and virtual private networks. Arcot solutions meet the business need for strong transactional security while providing the customer a user-friendly experience with anytime, anywhere convenience. Leaders in financial services, healthcare, and e-commerce are using Arcot solutions to protect their customers' privacy and reduce fraud. For more information, visit

About Retail Decisions

Retail Decisions ( is an international electronic payment transaction services business that provides fraud prevention, enterprise-class payment processing software and value-added transaction and consulting services to the finance, telecommunications, retail and e-commerce sectors. Retail Decisions is able to predict and prevent payment card fraud, process high volumes of credit card and electronic check transactions and has a platform for a full range of transaction based value-added services.

A global company, Retail Decisions has operations in the UK, Europe, the United States, South Africa and Australia. Retail Decisions is publicly traded on the official list of the London Stock Exchange under the trading symbol, "RTD".

About Paymentplus

Paymentplus, recently acquired by Retail Decisions, creates electronic payment processing software, combining online, call center, retail and IVR transactions in a central server. The company's software, LiveProcessor, can complete more than 100,000 credit card and electronic check transactions per hour on a single server. LiveProcessor is the only payment processing application in the world to support Visa CVV2 and Amex CID security codes, procurement level 2 and 3 cards, electronic check processing, foreign currency settlement support and multiple bank interfaces in a single product. Clients of the company include RealNetworks, Bally Total Fitness, Nextel Communications, NEC, Tupperware, Hotwire and Rexall Showcase.

For more information, visit or call 201/556-9404, Ext. 110.
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Publication:Computer Protocols
Geographic Code:00WOR
Date:Jun 1, 2002

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