Calumet Photographic Chooses Retail Decisions for Real-Time Electronic Payment Processing
HAZLET, N.J.--Sept. 17, 2002--Retail Decisions, an international
supplier of payment card, e-business and fraud-prevention services,
today announced that Calumet Photographic, the world`s leading
supplier of high-quality, professional imaging products, has selected
Retail Decisions` LiveProcessor(TM) electronic payment software
solution.
Founded in 1939, Calumet Photographic (www.calumetphoto.com) sells
directly to the entire spectrum of photographers, from commercial and
catalog specialists to portrait and wedding photographers to outdoor
and fine art aficionados. The company products are available via
direct mail/catalog, retail store locations, a global sales division
and an award-winning Web site.
"Calumet required a highly reliable payment processing solution
that would allow us to focus on what we do best--providing our
customers with state-of-the-art photographic equipment--with a keen
focus on customer service and satisfaction," said Tom Perazella,
Director of Information Technology at Calumet. "Retail Decisions`
robust, real-time processing solution fit our requirements to a tee."
Retail Decisions` LiveProcessor combines online, call center,
retail and IVR transactions into a single system and integrates
real-time authorization, batch processing and settlement functionality
with existing order processing, subscription and electronic commerce
systems. LiveProcessor is the only secure payment processing
application in the world to support Visa CVV2 and Amex CID security
codes, procurement level 2 and 3 cards, electronic check processing,
foreign currency settlement support and multiple bank interfaces in a
single product. Clients of the company include Hotwire, Nextel
Communications, RealNetworks, Research In Motion, ShopNBC, Tupperware
and Unicity.
About Calumet Photographic
Since 1939, Calumet has been one of the world`s largest suppliers
of high-quality photographic and imaging equipment to the commercial,
fine arts, portrait and wedding photography markets. The company has a
renowned catalog sales division, a retail division with eight
locations (New York; Cambridge, MA; Chicago; Bensenville, IL; San
Francisco; Los Angeles; and Santa Barbara and Santa Ana, CA), a global
sales division and an award-winning Web site.
About Retail Decisions
Retail Decisions (ReD) is an international electronic payment
transaction services business that provides fraud prevention,
enterprise-class payment processing software and value-added
transaction and consulting services to the finance,
telecommunications, retail and e-commerce sectors. ReD is able to
predict and prevent payment card fraud, process high volumes of credit
card and electronic check transactions and has a platform for a full
range of transaction-based, value-added services.
The company currently protects over 50,000 points of sale
globally. In 2001, ReD processed more than one billion card
transactions, stopping an estimated $396 million in fraudulent
purchases. ReD has more than 15 years of experience in credit card
risk management and payment settlement services to the
telecommunications industry in the U.S., and currently supplies its
services to over 45 telecom companies.
LiveProcessor is a trademark of Retail Decisions, Inc. All other
trademarks are registered trademarks of their respective companies.
CONTACT:
Calumet Photographic
Don Ernest, 312/944-2680
don.ernest@calcoadvertising.com
Retail Decisions
Carol Romeo, 201/556-9404, Ext. 110
carol@cbkgroup.com
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