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ClearCommerce from FIS Launched as a Hosted Service in Europe
Published on Nov 23, 2010

FIS™, one of the providers of banking and payments technology, announced the launch of its comprehensive ClearCommerce® ePayment processing and fraud prevention solution as a hosted service in Europe. This new offering will support multiple market sectors including retail, hospitality and travel.

ClearCommerce is already used by a number of leading U.S.-headquartered e-Commerce retailers and is now being made available as a hosted and managed services solution for any organisation in Europe that accepts online payments. The system connects from the “shopping cart” page of a Web site to any Internet payment page and can also be embedded in mail order/telephone (MOTO) environments for fast, secure and reliable Cardholder Not Present (CNP) payment acceptance.

“As a hosted service, ClearCommerce increases order acceptance rates, making it easier for customers to pay while reducing the cost of fraudulent orders and charge-backs. Cumulatively, this can make a very real difference to a company’s bottom line,” said Ian Benn, managing director, FIS Payment Solutions, EMEA.

“The hosted approach ensures that FIS takes responsibility for full Payment Card Industry (PCI) compliance. As FIS operates its own secure data centres, merchants do not need to make a significant investment in the IT infrastructure necessary to ensure 24/7/365 service to their customers. FIS also provides multi-language customer call centre support through a managed services agreement, giving merchants and vendors a complete ePayment and fraud management solution for the online marketplace.”**

Vendor name: FIS
Product name: ClearCommerce
Product type: Banking Systems | Online / Internet Banking | Payment Systems / ATM | Retail | Risk Management | Travel and Hospitality

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