HAMILTON, BERMUDA -- (MARKET WIRE) -- 04/12/2006 -- First Atlantic Commerce Ltd (FAC), a leading eCommerce payment solutions provider, today announced it is looking to expand its network of referral companies across Europe and is offering multi-currency residual income streams for applicable approved merchants in EUROs, USD, and Pounds Sterling.
FAC provides sophisticated eCommerce payment processing and 3-D Secure(TM) authentication solutions in Europe and the Latin American Caribbean Region (LACR). The company has successfully been able to place eCommerce merchants in various industries including VoIP, pre-paid cards, online pharmacies, herbal supplement providers, travel companies, retail, electronics, car rentals, electronic cash and alternative payment solutions.
FAC is now looking to expand its referral network further into Europe and is particularly interested in discussing opportunities with established eCommerce referral organizations in the UK, Spain, France, Germany, The Netherlands, Sweden, Switzerland, Gibraltar, the Channel Islands and Malta who are looking to source turn-key multi-currency eCommerce payment processing solutions for their clients.
Referral companies have the opportunity to earn commissions in various settlement currencies. "For many referral agents, FAC's solutions provide a unique chance for them to add tangible value and expand their customer relationships leveraging FAC solutions," says Andrea Wilson, CEO of First Atlantic Commerce.
Mrs. Wilson states that in her experience the types of companies that refer business to FAC are those who are closely connected to their clients and who have an understanding of their strategic plans and goals. "We are keen to establish commercial ties with referral partners who share our vision of innovation and strategic competency. Our solutions are unique and are often the trigger for companies to explore in detail the benefits of moving their international operations offshore," adds Mrs. Wilson.
FAC has referral contracts with businesses from a wide spectrum of the eCommerce industry that provide strategic planning and operational support to their clients. FAC is more notably interested in being contacted by corporate fiduciary and legal service providers, offshore management services companies, and ISO's with international client leads requiring direct merchant accounts.
Further details on FAC's Merchant Referral Program and online credit card payment processing solutions can be found at the company's web site -- www.firstatlanticcommerce.com.
About First Atlantic Commerce
Headquartered in Bermuda, and established in 1998 to create secure card-based payment solutions for e-businesses, FAC provides powerful technology designed to work with most merchant platforms, including Microsoft®, UNIX, and LINUX platforms. FAC's cGate® technology offers service, flexibility and security to adapt to many business and bank acquirer requirements. Business solutions such as 3-D Secure(TM) Payer Authentication, Virtual Corporations and offshore multi-currency payment solutions are available in various offshore jurisdictions.