IRVINE, California, January 6, 2011 — TrustCommerce, a leading provider of comprehensive payment processing solutions, offers merchants multiple options to accept PIN-less debit transactions.
PIN-less debit transactions are card-not-present transactions where customers can use their debit cards to make payments online or over the phone without entering their 4-digit PIN. PIN-less debit processing allows certain business segments to process recurring payments online while taking advantage of lower processing fees than traditional credit card transactions. Eligible segments include: utilities, education, government agencies, insurance and more.
“TrustCommerce is one of the few providers to offer a broad range of PIN-less debit processing on multiple platforms,” says Rob Caulfield, CEO, TrustCommerce. “We are committed to providing creative solutions that meet the evolving requirements of our customers, their clients, and the expanding markets.”
Among the many benefits of PIN-less debit are:
* Lower transaction costs than credit card processing, saving merchants money on transaction fees
* More payment options offering customers greater convenience
* Recurring or one-time payment use
* Easy set up
Security is the nucleus of all TrustCommerce products. Our PIN-less debit feature offers the same comprehensive security as the TC SMART products®.
Headquartered in Irvine, California, TrustCommerce provides secure payment processing for companies of all sizes—from start-ups processing 100 transactions a month, mid-size companies processing 25,000 transactions a month, to Fortune 500 businesses processing millions of transactions per month from multiple locations. We safeguard the merchant-customer relationship by providing speed, security, reliability and a commitment to earn and keep your valued trust.