FAC and Ukash team up
Bermuda-based First Atlantic Commerce (FAC) has joined forces with Ukash to provide its customers with alternative payment options in Europe and emerging online consumer markets from Russia to Brazil.
FAC and Ukash, an online cash payment solution, have teamed up to offer the new service which enables FAC's merchants in the Latin American Caribbean Region, the UK and Europe to accept risk-free cash payments on their website.
Ukash, which is regulated by the UK Financial Services Authority, has created the simple and unique payment solution that allows consumers to buy securely, anonymously and privately online, while the move gives merchants access to, and retention of, new consumer markets, including customers that do not want to disclose their financial details online, and those that do not have access to credit and debit cards.
FAC merchants can now access Ukash together with PayPal and a range of card brands for credit card processing through a single interface.
Andrea Wilson, FAC's CEO, said: "We are excited about the addition of Ukash to our payments platform. FAC continually strives to add value for our merchants, and this integration will give them an additional option for their customers to make online payment for goods and services.
"It also enables merchants to access additional and alternative payment options in emerging markets like Brazil, Uruguay, Russia and Poland."
Mark Chirnside, CEO at Ukash, said: "The mission for Ukash is to make online shopping available to anybody, anywhere in the world and this deal with FAC is the next step towards realising that goal.
"FAC works across a broad range of exciting sectors on a truly global scale so being added to FAC's payment platform will make Ukash available to thousands of new merchants who can then enable their customers to enjoy the benefits of using cash to shop, pay and play online."
For more information, contact FAC at info@fac.bm or visit Ukash's website at http://www.ukash.com/business/contact.aspx