-- For web merchants, accountable for protecting against risk, it
maximizes the revenue opportunity by protecting against payment fraud or
identity theft and eliminating errors caused by manual intervention.
-- For customers, it helps to improve the online shopping experience by
capturing user identities securely and quickly, enabling customers to
purchase goods without repeatedly submitting their debit or credit card
details. The ease of the shopping experience results in enhanced customer
loyalty.
Denis Gautier, Chief Technology Officer, Cards Off, said: "Online
transactions involve extremely complex processing, connecting multiple
partners across the supply chain. Sterling Multi-Enterprise Finance
Gateway plays a critical role in facilitating the information exchange
across financial and logistics processes, enabling us to provide secure,
end-to-end transactions. Ultimately, this allows us to meet the needs of
our customers, consistently delivering on client satisfaction while
remaining cost effective. It also will act as a reliable, scalable and
secure platform that will support our goal for geographic expansion."
Sterling Multi-Enterprise Finance Gateway integrates with the Cards Off
SAP-enabled ERP system, centralizing and administering the flow of
transaction data. It also ensures Cards Off complies with data integration
standards required by the relevant banks, enabling Cards Off to be one
of the very first 'payment institutions,' as defined by the European
Community Payment Services Directive.
Jim Gahagan, Global Financial
Services Industry Executive for Sterling Commerce, said: "Centralized
administration helps to provide visibility into the supply chain so that
Cards Off can extend its processes and transaction information to
third-party companies implicated in the order, be they in the financial
value chain or the physical supply chain. The solution is straight-forward
and offers a quick route between all points of contact, whilst maintaining
reliability and security."
Founded in France in 2005, Cards Off is a payment institution as defined by
the European community Payment Services Directive 2007/64/CE of 13th
November 2007. Cards Off has invented an innovative way of securing sales
transactions from purchase to delivery. Cards Off has been recognized as a
Young and Innovative Company (Jeune Entreprise Innovante). The company has
floated on the Paris Stock Exchange and has been selected as one of the
most promising companies of 2008 by the Californian firm Tech Crunch. For
more information on Cards Off: www.cardsoff.com
About Sterling Commerce
Sterling Commerce, an AT&T Inc (Contact Information: For more information, contact: Julie Redard Sterling Commerce (978) 513-6386 Julie_Redard@stercomm.com Jamie Leicht Fleishman-Hillard (619) 237-7711 jamiemarie.leicht@fleishman.com