NYCE Corporation announced that National Data Corporation plans to offer NDC eCommerce customers SafeDebit, the first PIN-secured debit option for Internet payments that does not require special hardware for consumers. Developed by NYCE Corporation, SafeDebit relies on a PIN-secured debit card that fits into the CD-ROM drive of a PC and leverages the advantages and features of the existing ATM and POS infrastructure.
“Recognizing NDC’s tremendous leadership and strength in the electronic payments industry, we are pleased that NDC eCommerce will be offering SafeDebit to their merchants as a secure PIN-based option for Internet payments,” said Paul Tomasofsky, Vice President, NYCE Corporation.
“As a pioneer in the card processing industry, NDC eCommerce is pleased to be involved in the early introduction of SafeDebit. We believe that SafeDebit offers a win-win opportunity for the retailer and the consumer for making purchases over the Internet,” said Paul R. Garcia, CEO of NDC eCommerce.
National Data Corporation (NYSE: NDC) is a leading provider of electronic commerce solutions and health information services that add value to customers’ operations.
Headquartered in Woodcliff Lake, NJ, NYCE Corporation is one of the largest electronic payments companies in the U.S. The NYCE Network provides financial institutions and retailers with shared network services for automated teller machines (ATMs), on-line debit point-of-sale and electronics benefits transfer transactions. Currently, the Network has 2,400 financial institution participants and services more than 45 million cardholders through 35,500 NYCE-branded ATMs and 215,000 point-of-sale retailer locations. The company processes nearly 77 million transactions each month. In addition, NYCE Corporation provides financial institutions with electronic funds transfer processing services that support ATM deployment and debit card issuance solutions. A frontrunner in the electronic payments arena, NYCE innovated SafeDebit, the industry’s first PIN-secured debit payment solution for Internet shopping that requires no special hardware for consumers. NYCE’s web site address is [www.NYCE.net].