August 27, 2002, 12:00 AM

ClearCommerce expands offering to support POS and online transactions

ClearCommerce, a provider of payment processing and risk management software for e-commerce, today released a unified platform for combining retail point-of-sale and online transaction processing.

Kurt Peters

Executive Editor

 

ClearCommerce Corp., a provider of payment processing and risk management software for e-commerce, today released a unified platform for combining retail point-of-sale and online transaction processing.

ClearCommerce says the new ClearCommerce Engine 5.0 will enable merchants to consolidate reporting by integrating retail point-of-sale and online transaction processing and reduce costs associated with running parallel systems for online and offline businesses.

The enhancement also expands capabilities for financial institutions and other e-commerce service providers to deliver fraud prevention and payment processing services to online merchant customers worldwide. ClearCommerce says that new management features will enable service providers to serve complex, multi-merchant environments, providing enhanced fraud protection and expanded payment support.

In addition, ClearCommerce Engine 5.0 supports the new American Express address verification method, AAV+, new payment processor interfaces to HSBC and First Data Europe, and Chase ACH cash concentration and disbursement payment types.

 

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