8/12/04

Retail Decisions and CardinalCommerce Announce New Partnership

Kurt Peters , Executive Editor

Mentor, Ohio and Hazlet, NJ – August 12, 2004: CardinalCommerce, a leader in the payment authentication service market and Retail Decisions (ReD), an international provider of payment processing and fraud prevention services to the retail, banking, telecom and e-commerce sectors have announced an agreement to offer the Cardinal CentinelTM service through ReD’s payment and risk management platforms. The agreement will enable Retail Decisions’ customers to access Cardinal’s merchant software platform for authenticating payments through the Verified by Visa, MasterCardÒ SecureCodeTM and JCB J/SecureTM payment initiative programs.

“Offering payer authentication services through Cardinal’s Centinel service is a logical step for Retail Decisions” stated Carl Clump, CEO of the Retail Decisions Group. “The addition of the Centinel service to ebitGuardTM, ReD’s multi-dimensional real-time fraud prevention service, will enable our customers to authenticate payments through Verified by Visa, MasterCard SecureCode and J-Secure, while at the same time continuing to enjoy the benefit of reduced customer insult rates, transaction out-sort rates and chargebacks resulting from fraudulent card-not-present payments. This partnership is further indication that ebitGuard’s merchant-specific rules, proprietary detection engines, extensive domestic and international fraud screening databases and neural network technology continues to deliver a best of breed risk management service to our US and international customers.”

Cardinal provides authentication services, based on 3-D Secure technology, to more merchants than all other 3-D Secure vendors combined. Cardinal is the first company worldwide to offer a simple comprehensive authentication service to merchants and acquirers, encompassing all 3-D Secure initiatives. Due to the unique architecture of Centinel and this integration, ReD’s payment gateway and risk management customers will be able to authenticate transactions through their existing implementation, thus expanding secure transaction coverage and further mitigating chargebacks across a larger percentage of merchant transactions.

“We are very pleased to announce the partnership with ReD,” stated Kendall G. Myles, Senior Vice President of Merchant Services at CardinalCommerce. “ReD’s customers represent many of the largest online retailers in the world. With this integration, ReD and Cardinal are combining forces to offer the market ReD’s world-class risk management and payment gateway services together with Cardinal’s advanced payer authentication services. This offering will result in even greater chargeback liability protection and, in some instances, lower interchange fees for merchants.”

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 CardinalCommerce Corporation
CardinalCommerce Corporation is a leading provider of a technology-neutral authentication platform for securing electronic and wireless commerce, thus ensuring that individuals, businesses and government agencies can process electronic transactions and access confidential information safely, securely and privately. Cardinal`s proprietary technology provides consumers, merchants, credit/debit card issuers, and processors the ability to conduct fully authenticated Internet-based e-commerce, while mitigating the risk of chargebacks. CardinalCommerce is based in Cleveland, Ohio, and has partners throughout the United States, Europe, Africa, the Middle East and India. For more information, visit www.cardinalcommerce.com.

Topics:

credit card, Electronic funds transfer, Payment, Payment gateway, Technology Internet

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