CHICAGO, Oct. 17 /PRNewswire/ -- Hostway Corp., a leading provider of Web
hosting and managed services, is excited to offer its customers a new tool
that will provide their online shoppers with a great sense of confidence and
security while shopping on their online store. Hostway has partnered with
CardinalCommerce, a provider of services for securing electronic and wireless
commerce, to offer Verified by Visa and MasterCard SecureCode to ecommerce
hosting customers who use Hostway's Merchant Manager shopping cart.
Verified by Visa and MasterCard SecureCode are rapidly growing programs
that offer an extra level of protection to enrolled Visa and MasterCard
cardholders. This is achieved by requiring them to enter a password or PIN
when making online purchases with participating merchants.
"Hostway strives to offer innovative products to our customers that help
make their online businesses more successful. Running an efficient, secure
online shopping experience for their customers should be a priority for any
merchant and we are excited to partner with CardinalCommerce to offer just
that to our customers," said John Lee, VP of Marketing at Hostway.
These fraud protection programs benefit both merchants and their
customers. It's 100% free for cardholders to enroll in these programs through
Visa and MasterCard, and provides consumers the reassurance that even if their
credit card number is stolen, it cannot be used for fraudulent purchases on
participating ecommerce sites. Merchants that choose to participate will
benefit from a nearly 70% reduction in chargebacks that stem from disputed
(often fraudulent) charges. This benefit of 'chargeback blocking' is
automatic, and protection applies to both US and international transactions.
"Sites that offer Verified by Visa and MasterCard SecureCode are very
attractive to customers because they add an extra level of security to online
purchases. It also reflects well upon merchants because offering these
programs indicates that they care a great deal about their customers'
welfare," said Kendall Myles, Senior VP of Merchant Services at
Hostway Corporation provides Web hosting and managed services to more than
300,000 customers worldwide. Hostway helps individuals, small businesses and
large enterprises achieve more value from state-of-the-art Web-based
technologies by reducing their complexity and cost. Founded in 1998, Hostway
is one of the five largest Web hosting companies in the world with offices in
North America (Chicago, Tampa, Austin and Vancouver), Europe (London,
Frankfurt, Hannover and Amsterdam) Asia (Seoul) and Australia (Sydney). For
more information about Hostway Corporation, please visit
http://www.hostway.com or call 1-866-467-8929.
CardinalCommerce Corporation is the leading provider of e-commerce
platforms driving merchant growth. Cardinal developed Centinel to enable
merchants a simple way to launch applications designed to increase revenue.
Centinel is easily installed and is utilized by merchants worldwide. With
capabilities ranging from Verified by Visa and MasterCard SecureCode, to
alternative payments such as PayPal, Bill Me Later, and Secure e Bill,
Cardinal Centinel is a must for all e-commerce merchants. To increase
profitability, visit us at http://www.cardinalcommerce.com .
CONTACT: Jennifer Mussman, Hostway (312) 994-7720,
Rick Lynch, CardinalCommerce (440) 352-8444 x112,
SOURCE Hostway Corporation