Electronic transaction processing services specialist Global Payments and CRE Secure, a provider of cloud-based, secure payment solutions for midmarket companies, announced an agreement to incorporate CRE Secure's HTML Clone technology within Global Payments' Global Transport Secure eCommerce solution. The solution is designed to addresses the small and midsize business (SMB) eCommerce segment.
Global Payments' merchants will be able to implement CRE Secure's HTML Clone payment technology through Global Transport in North America later this year. With HTML Clone, merchants can outsource PCI-sensitive parts of the checkout process. As a result, the merchant's systems are no longer within the scope of their PCI DSS compliance obligations, which the company said would allow for a significant reduction in ongoing costs and providing a seamless checkout experience for their consumers.
"Using HTML Clone technology will not only decrease the drop rate, or shopping cart abandonment, caused by other hosted payment pages, it will seamlessly integrate with multiple shopping carts in a completely PCI-compliant environment, increasing eCommerce conversion significantly," said Sid Singh, senior vice president and global head of product for Global Payments.
Gary Austin, owner and operator of Gary Austin Advertising and an existing customer of CRE Secure utilizing the HTML Clone technology, said the product gives him the peace of mind that his company's Web sites are compliant, secure and customer friendly in a cost-effective environment, while being simple to maintain. He also noted the shopping cart integration modules within this solution, such as Magento, X-Cart and OS Commerce, made implementation fast and easy, allowing him to focus on the strategic initiatives of his business.
"Merchants who process their payments through Global Payments will never need to house or process sensitive credit card data on their servers, yet they can enjoy the same features and functionality found on larger competitors' websites," said Kevin Lee, CEO of CRE Secure. "They now have the capability to meaningfully reduce the scope of PCI compliance without expensive upgrades to the network or data center hosting costs."
Global Payments, which offers processing services for merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations, also provides a line of processing solutions for credit and debit cards, business-to-business purchasing cards, electronic check conversion and check guarantee, verification and recovery including electronic check services, as well as terminal management.
CRE Secure Payments, a cloud-based Internet payment security company with end-to-end PCI compliance for card-not-present merchants, enables eCommerce software solutions and payment software systems to be distributed in a secure, hosted PCI-compliant environment. CRE Secure delivers hosted, payment processing solutions through its technology, HTML Clone, and partnerships with global payment gateways. CRE Secure is a also level one PCI DSS-certified service provider and a contributing member of the PCI Security Standards Council.