UNICRE / REDUNICRE Chooses MONEXT for the Deployment of its New Ecommerce Payment Solution

Jan 19, 2010, 04:00 ET from Monext

AIX EN PROVENCE, France, December 19 /PRNewswire/ -- In order to propose to its merchants a secure on-line payment solution compliant with 3D secure, REDUNICRE decided to replace its existing system by MONEXT ecommerce payment solution, named Payline. About 850 ecommerce and distance merchants will benefit from this new innovative solution.

With Payline, REDUNICRE offers a comprehensive on-line payment solution that ensures highest levels of security (3D-secure authentication, PCI DSS compliance) and many functions to its merchants (wide range of payment means, MOTO payment, merchants' administrative tools ...). This solution is also an appropriate solution for international expansion: Payline has been designed as a multi-currency and multi-language solution.

The development of this solution meets the increasing needs of payment solutions for eCommerce and confirms MONEXT's position as a leader in secure transactions management.

Antonio PEREIRA-DIAS, Manager of REDUNICRE, explains:"To launch this service, we were looking for a solution that would be quick to deploy and international. MONEXT solution meets all these requirements and reinforces the sense of trust built up by REDUNICRE with e-merchants".

Philippe DAVID, Banks and Payment Solutions Business Unit Director at Monext, adds: "We are very proud that UNICRE chose MONEXT for this ambitious project which, once again, demonstrates our capacity to help our customers through Europe".

About REDUNICRE

REDUNICRE is the Acquiring Divison of UNICRE and the Portuguese leader in acquiring transaction. UNICRE is a Visa, Mastercard, JCB, Diners and Discover Acquirer.UNICRE is a Visa Principal Member.. The company has also an Issuing Division which owns the UNIBANCO brand.

About Monext

Monext has 400 staff managing more than 5 million bank cards, 3 million transport cards and 3 million private-label (petrol and retail) cards on a day-to-day basis, and handles more than 550 million transactions per year, making it a major player in the French electronic payment market. Its aim is to facilitate secure, reliable and immediate electronic payment transactions, with or without a card, at the point of sale, online or via mobile phones.

http://www.monext.fr

SOURCE Monext