Travelocity Selects Retail Decisions for Global Payment Transaction Processing
HAZLET, NJ (June 4, 2004) - Retail Decisions (ReD), an international provider of payment processing and risk management services is pleased to announce today that Travelocity, the groundbreaking online travel company, will use ReD’s payment processing service, the ReD1 Gateway TM , for its global e-commerce transactions. ReD’s payment gateway will enhance Travelocity’s ability to provide safe, reliable and secure payment methods for its 41 million registered users.
“After looking at a wide range of players in the payment processing space, it was clear that ReD’s reliability, functionality and expertise suited our needs the best,” said Travelocity CFO Ed Kamm. “With millions of transactions each year it’s essential that Travelocity provide a secure, reliable and functionally rich service that expedites the processing of transactions. ReD’s experience and reputation in servicing blue-chip merchants combined with its technological know-how will facilitate our online transaction processing to ensure the highest standard of customer service.”
Carl Clump, CEO of Retail Decisions plc said. “Travelocity joins a client list which includes the world’s largest retailers, CNP transaction aggregators, telecommunication companies and leading financial institutions that have chosen ReD for its best of breed payment and fraud prevention services and commitment to our clients’ commercial success.”
Blue-chip clients of ReD’s payment processing and fraud screening services include Hotwire.com, GSI Commerce, Register.com, PaySystems, RealNetworks, ShopNBC and Netflix, among others.
About Retail Decisions
Retail Decisions (ReD) is an international electronic payment transaction services business that provides fraud prevention, enterprise-wide payment processing and value-added transaction and consulting services to the retail, finance, telecommunications 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. ReD has more than 16 years experience in payment card risk management and processing services with operations in the United States, Europe, South Africa and Australia. Retail Decisions plc is listed on the London Stock Exchange (LSE: RTD). For more information regarding Retail Decisions, visit www.redplc.com or www.red-usa.com.
About Travelocity
Travelocity`s industry-leading technology and straight-talking, honest information help travelers take more rewarding and more affordable trips. With 41 million registered users and booking nearly $4 billion of travel in 2003, Travelocity has the power to negotiate thousands of great travel deals with the world`s most reputable travel providers -- top airlines, hotels, car rental companies, cruise lines, and other destination attractions and services. Additionally, Travelocity offers access to special rates for weekend getaways and dynamic packages through its Last Minute Deals and TotalTrip(SM) shopping engines, and provides customer service support over the phone 24 hours a day. Based in Southlake, Texas, Travelocity also operates Travelocity Business for corporate customers, powers international travel Web sites in seven languages, and has been recognized for its consumer advocacy and global leadership in online travel. More information about Travelocity is available at www.travelocity.com. Travelocity is owned by Sabre Holdings Corporation (NYSE:TSG), a world leader in travel commerce. More information about Sabre Holdings is available at www.sabre-holdings.com.
Travelocity Contact:
Judy Haveson, VP, Travelocity
+1 212 554 7425
Retail Decisions Contact:
Carl Clump, CEO Retail Decisions plc
+44 1483 728 700
Xavier Kris, Managing Director ReD US
+1 732 847 6292
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