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Frequently Asked Questions - First Atlantic Commmerce. Merchant Account Solutions. Accept Online Payments for Increased Revenue Increase your revenue with credit card merchant accountsBenefit from 18 years of international expertise Automated Risk ManagementExceptional Customer Service Our robust payment processing platform is a feature-rich payment system called cGate®.

Merchant Account Solutions

Ideal for merchants with medium to high capacity transaction processing, cGate® is a high-speed and secure, platform-independent Internet payment gateway. Integrating to our secure gateway enables businesses to offer their customers a range of multi-currency checkout options on their web sites including Visa, MasterCard®, American Express, Diner’s, Discover, CUP (bank dependent). Merchants are able to pre-authorize, authorize only, capture, reverse and refund card transactions via our payment gateway. Credit Card Processing - Payment Gateway Flowchart - How it Works. Credit Card Processing – How It Works Transaction Request & Response Cardholder initiates payment from merchant web store and submits credit card details.Merchant submits data from the sale to FAC’s gateway over a secure connection.FAC formats the data and passes it to the merchant bank’s processor via a secure connection.The merchant bank’s processor submits details to the credit card network (Visa & MasterCard interchange), which routes the transaction to the bank that issued the customer’s credit card (Issuing bank).Issuing bank approves or declines the transaction and passes the transaction results back to credit card Interchange.Interchange then sends transaction results to merchant bank’s processor and processor relays results to FAC.FAC updates its systems with results and sends them to the merchant showing approval or decline of the transaction.The merchant provides a real-time response to the customer.

Credit Card Processing - Payment Gateway Flowchart - How it Works

Settlement. Merchant Services Account Provider and Credit Card Processing. Accept Online Payments for Increased Revenue.

Merchant Services Account Provider and Credit Card Processing

Offshore Credit Card Payment Processing and Merchant Accounts. Online Payment Processing In Leading Jurisdictions Our range of real-time, powerful, offshore credit card processing solutions includes the setting up of international merchant accounts with Aquiring banks, in one or several regions, covering all of the world’s major established and emerging markets.

Offshore Credit Card Payment Processing and Merchant Accounts

Online merchants are afforded the opportunity for true multi-currency credit card processing, with a range of credit card and payment services. Merchants can price their products/services in a choice of 145 currencies with settlement to US dollars, and/or price and settle in up to 15 world currencies including Euros, US Dollars, Canadian Dollars, British Pounds, Japanese Yen and Hong Kong Dollars, dependent on the solution. We work with banks located in Europe, Mauritius, Bermuda and across the Latin American Caribbean Region, and will facilitate the set up of your online merchant account.

International Merchant Accounts - Real Time Multi Currency. Real-Time Multi-Currency Processing Offer your online customers the chance to pay in their local currency with an international merchant account.

International Merchant Accounts - Real Time Multi Currency

Grow your business and reach new markets through multi-currency e-commerce transactions. Our range of online, real-time payment processing solutions enable you as an online merchant the chance to expand your businesses around the globe into new regions and countries, through a single integration to our powerful and secure platform. Ecommerce Fraud Prevention. Mitigate Risk Powerful online fraud prevention solutions that provide online merchants with the ability to reduce and prevent ecommerce fraudulent transactions, chargebacks and unauthorized payments.

Ecommerce Fraud Prevention

Fraud Risk Management Solutions. 3-D Secure™ Payer Authentication Solutions Our solution, cGate®SecureVerify, is a fully compliant payer authentication solution for Verified by Visa and MasterCard®SecureCode™ designed to protect international online merchants from fraudulent transactions.

Fraud Risk Management Solutions

Based on the Card Associations’ 3-D Secure™ technology, cGate®SecureVerify provides verification to the merchant that the buyer is the authorized owner of a card account, thereby reducing the number of unauthorized payments, resulting in fewer chargebacks. First Atlantic Commerce can offer 3-D Secure™ as part of our gateway services or as a standalone service for other banks and gateways. The advantage of 3-D Secure only is that the merchant has the ability to identify the enrolment status of the cardholder and their issuing bank prior to the payment authorisation. This allows merchants to predetermine chargeback liability shift rights on the pending transaction before it is authorised and settled. Payment Tokenization and PCI DSS Solutions - First Atlantic Commerce. What is Payment Tokenization?

Payment Tokenization and PCI DSS Solutions - First Atlantic Commerce

Tokenization is the process of replacing sensitive card data with a unique identifier (a token) that retains all of the essential information without compromising its security. The token cannot be mathematically reversed and is stored in First Atlantic Commerce’s payment gateway infrastructure. The tokens support all payment models including authorization, capture and settlement, recurring and subscription billing and partial captures. By employing FAC’s tokenization solution, merchants can move their customer’s credit card information out of their own environment. Tokenization of data not only mitigates the potential impact of a security breach, but reduces the costs and scope of PCI. PCI DSS Tokenization. International Payment Gateways for Offshore Multi Currency Merchants. Real-Time, Online Payment Processing & Web-Based Reporting Our powerful processing platform is a feature-rich payment system called cGate®.

International Payment Gateways for Offshore Multi Currency Merchants

Ideal for merchants with high capacity transaction volumes, cGate® is a fast and secure, platform-independent, Internet payment gateway.