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The Green Sheet Online Edition

July 7, 2007 • 07:07:02

Where oh where are your consumers?

Multicurrency payment and risk solutions provider First Atlantic Commerce announced the launch of its Internet-protocol (IP) Geolocation service. IP Geolocation is the process of evaluating an e-commerce transaction based on the geography of the consumer.

FAC's service, cGateLocate, enables merchants to view customers' browser locations, all the way down to their ZIP codes, as well as the name of their Internet Service Providers and their domain names.

CGateLocate is suitable for geo-marketing purposes, as well as risk management functions. It provides a tool for merchants to better understand their customers and drive online marketing campaigns tailored to certain demographics.

The information can also be vital to fighting fraud and mitigating risk.

Available to merchants worldwide, cGateLocate is appropriate for all types of online businesses, whether they sell products or are media portals. It can be used by all online merchants, including those who have existing payment gateway services with other providers.

Based in Bermuda, FAC manages a reseller program for ISOs around the world. After pre-qualifying leads to ensure they fit the product requirements, ISOs/merchant level salespeople (MLSs) can earn ongoing multicurrency residuals.

FAC provides ISOs/MLSs with per-click pricing, based on anticipated number of clicks per month. Agents then mark up the per-click fee.

Residuals are ongoing for as long as merchants use the service. To earn additional recurring revenue, ISOs/MLSs can also refer qualifying merchants for international payment solutions.

End of Story

Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.

Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.

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