CardinalCommerce, First Data Sign Pact

CardinalCommerce Corp. of Mentor, Ohio, has agreed to offer authenticated payments and alternative payment brands to more than 100,000 merchants that use First Data Corp. for processing online transactions.

CardinalCommerce said Wednesday that First Data, a Denver unit of Kohlberg Kravis Roberts & Co., will be able to offer online merchants payment verification using Visa Inc.'s Verified by Visa and MasterCard Inc.'s SecureCode.

CardinalCommerce's service also supports alternative payment services offered by eBay Inc.'s PayPal Inc., Google Inc., Amazon.com Inc., Revolution Money Inc., and others.

"Our goal is to offer a positive return on our merchants' investment while continually mitigating their fraud risk," Souheil Badran, a senior vice president at First Data and the general manager of its eCommerce Solutions unit, said in a CardinalCommerce press release.

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