iShopSecure Inc., a leader in e-commerce transaction security products, and Equifax Secure, the e-commerce solutions division of Equifax Inc.announced a partnership which offers online merchants and credit card issuers a complete suite of anti-fraud products.
This agreement will allow iShopSecure to create an environment for merchants that will enable them to readily utilize a payer authentication service without incurring installation costs or major implementation fees. Merchants who sign up for this authentication technology through iShopSecure can now receive a turnkey solution and obtain anti-fraud applications and services at a substantially discounted rate.
“We see this partnership as a major breakthrough in anti-fraud e-commerce platforms,” said Joseph A. McDonnell, chairman and CEO of iShopSecure. “Working with a major online security solutions provider like Equifax Secure allows us to deliver this new authentication technology to online merchants efficiently and effectively to help them eliminate consumer-related online fraud.”
This announcement also includes the launch of a new, innovative verification product – Transact-Secure(TM), a real-time payer authentication solution – which is scheduled for release to online merchants on March 1, 2001.
Equifax Secure’s authentication products involved in this reseller’s agreement include a wide range of digital certificates that protect access to Web-based applications, ensure secure online transactions, verify user identities and more.
According to a Gartner Group survey, fraud in the online world is more than 10 times more prevalent than in the off-line world. Online merchants who are interested in learning more about authentication products made available through this reseller’s agreement should call iShopSecure customer service at 888-533-5300 or visit [www.ishopsecure.com].
Headquartered in Davie, Fla., iShopSecure Inc., specializes in providing comprehensive, fraud preventive, real-time transaction technology solutions to safeguard credit cards issuers, consumers and e-tailers from online credit card fraud and privacy issues – the biggest barriers to the growth of e-commerce. Its technology prevents the fraudulent and unauthorized use of consumers’ credit cards and personal information, thus promoting consumer confidence and online spending. With its patent-pending technology, iShopSecure is dedicated to providing a safe, fraud-free, and secure shopping environment on the Internet.
About Equifax Secure
Equifax Secure, the e-commerce division of Equifax Inc, provides security, privacy and transaction management solutions that protect consumers and enterprises from the risk of identity theft and fraudulent transactions. Equifax Secure authenticates online consumer identity, secures business applications and manages digital certificates and directories for highly secure, private e-commerce over the Internet and other networks.
Equifax ([www.equifax.com]), a worldwide leader in enabling and securing global commerce, brings buyers and sellers together through its information management, transaction processing, direct marketing, and customer relationship management businesses. Atlanta-based Equifax (NYSE:EFX) serves the financial services, retail, credit card, transportation, telecommunications/utilities, information technology and healthcare industries, as well as government. Equifax adds knowledge, expertise, convenience and security to provide value-added solutions and processes for its customers wherever they do business, including the Internet and other networks. Equifax employs about 12,000 associates in 17 countries with sales in almost 50 states and has $2 billion in revenue.