PayGate and ReD enter strategic alliance

Wednesday 7 January 2015 00:40 CET | News

Ecommerce payment services provider PayGate has teamed up with global fraud prevention company ReD, an ACI Worldwide company.

This partnership will give added protection to South African online merchants.

As ecommerce in South Africa has matured, more and more local merchants are doing business outside borders, and the company needs to expand the protection they offer to merchants as well.

PayGate is a payment service provider which allows online retailers to accept electronic payments. It offers merchants connections to multiple acquirers and manages the technical connections and relationships with the banks, card, and payment networks. It also offers risk management services with payment notifications, settlement reports and fraud protection. PayGate is linked to more than 70 banks in over 30 countries.

ReD serves customers from multiple sectors and across six continents, from offices in Argentina, Australia, China, Dubai, France, South Africa, UK and the US.

For more information about ReD, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: PayGate, ReD, fraud prevention, ACI Worldwide, South Africa, online merchants, online security
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime