CHICAGO, TORONTO, May 23, 2013 /PRNewswire/ - Moneris Solutions, one of North America's largest payment processors, announced today that it has formed a strategic business partnership with SecureBuy, a leading provider of advanced, innovative anti-fraud solutions for e-commerce merchants.
Moneris has integrated its proprietary eSELECTplus payments gateway into SecureBuy's popular Community and Enterprise anti-fraud solutions, adding full payment processing functionality to both. These new products allow e-commerce merchants of any type or size in both the US and Canada to use a single turn-key solution for the entire payment process, from cardholder verification through funds settlement. Using a single end-to-end solution eliminates the need to source, integrate and maintain multiple solutions from multiple vendors, saving merchants time and money, while streamlining their technology and operations. Additionally, both new integrated solutions are cloud-based, eliminating the need to purchase, install, host and maintain software. These two solutions are available through both SecureBuy (www.securebuycommerce.com) and the Magento Connect Marketplace (www.magentocommerce.com/magento-connect/).
"We are very excited to partner with a fraud prevention innovator like SecureBuy", said Chris Lee, President, Strategic Partners and Emerging Markets for Moneris Solutions. "Now, instead of working with multiple vendors, every e-commerce merchant can use a single, turn-key solution to manage their entire payments process, saving valuable time and money."
"Moneris Solutions is the ideal payment processing partner for SecureBuy", said Greg Wooten, Chief Executive Officer of SecureBuy. "Moneris has the most advanced payment processing technology, extensive experience with integrated solutions, is a strong presence in both the US and Canada and they understand the e-commerce market and its specialized needs very well. E-commerce merchants of every size and type will benefit from this relationship and our integrated solutions."
About Moneris Solutions
As one of North America's largest providers of payment processing solutions, Moneris Solutions Corporation ("Moneris") offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions, annually. Through its Ernex division, Moneris offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information please visit www.moneris.com.
About SecureBuy - A SignatureLink Company
SecureBuy is a wholly own subsidiary of SignatureLink, Inc. Founded in 2002, SecureBuy is an established eCommerce cyber-security technology company, a payment fraud prevention pioneer and leader. With a unifying focus on reducing the risk of eCommerce for customers, merchants and processors, SecureBuy solutions extend from payment fraud prevention to identity authentication and globally hosted real-time eCommerce cyber-security solutions.
SOURCE Moneris Solutions Corporation