eFunds Corporation Completes Acquisition of ClearCommerce

Tuesday 1 February 2005 17:55 CET | News

eFunds Corporation, a leading provider of risk management, electronic payments and global outsourcing solutions, has completed the acquisition of ClearCommerce Corporation.

The acquisition will strengthen eFunds POS and online transaction processing capabilities and add a CNP fraud prevention solution to its retail and financial service offerings. We are excited to welcome ClearCommerce to eFunds, said Paul F. Walsh, Chairman and Chief Executive Officer of eFunds. The complementary nature of their technology and skill set with our core capabilities will further extend our unique value proposition to the worlds largest retailers and financial institutions for flexible, end-to-end payment and fraud solutions.

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Categories: Payments & Commerce | Payments General
Countries: World
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