Navigation Links
Partnership Is Game-Changer for the Future of eCommerce
Date:12/8/2010

NEW YORK, Dec. 8, 2010 /PRNewswire/ -- US Digital Transactions Corporation announced today an exclusive partnership with SignatureLink, Inc.

The two companies have partnered to create a new form of payment transaction for online retailers. The new eCommerce hybrid payment type is a signature-based Card-Not-Present (CNP) transaction with promise to pay. The new payment type will be dubbed CNPS. The patent-pending technology will easily integrate with all existing PCI-compliant eCommerce applications and payment gateways. The CNPS is currently in beta development.

"Currently there is not an interchange rate or category for CNPS card-not-present signature transactions. The new transaction type is in full compliance with the U.S. Federal UETA and ESIGN Act and we intend on lobbying the card associations to accommodate the new transaction type. This is a game changer for eCommerce worldwide and will have a major impact on reducing overall cost of payment acceptance and fraud," states Greg Wooten, CEO, USDT.

"In 2004 this web-based, real-time, handwritten electronic signature technology was conceived and SignatureLink became a pioneer in the space. The time is right, the market is ready and our partnership with USDT is a major step forward in fulfilling our desire to bring this new CNPS payment type to the eCommerce community," states Ernie Coward, CEO, SignatureLink.

US Digital Transactions Corporation is a recognized leader in cutting-edge payment processing technologies, disaster recovery and asset protection solutions. High-volume merchants, issuing / acquiring banks and financial institutions deploy USDT's products and services to streamline operations and reduce payment processing expenses. USDT is committed to providing a secure environment for financial transactions and educating the global business community on best practices to reduce fraud and the overall cost of payment processing worldwide.

SignatureLink, Inc. has enabled companies to accept legally binding electronic signatures online since 2005. Their proprietary, biometric, wet-signature equivalent technology was developed to facilitate the capture of real-time electronic signatures over the Internet for a variety of applications such as Online Point of Sale Transactions, Electronic Agreements, Mobile Devices, and Remote Authorizations. In addition to a portfolio of industries served including eCommerce, banking, legal, pharmaceutical, and transportation, SignatureLink also helps small businesses and midsize companies. SignatureLink's new web-based CNPS transaction solutions are highly versatile, quick-to-execute, and integration-ready.

Information is available at: http://www.usdtcorp.com Media Contact:David FergusonTel: 800.728.1190Email: pr@usdtcorp.comThis press release was issued through eReleases(R).  For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.


'/>"/>
SOURCE US Digital Transactions Corporation
Copyright©2010 PR Newswire.
All rights reserved

Related biology news :

1. GUMC and Oak Ridge National Labs announce unique research partnership
2. NIH funds 16 Science Education Partnership Awards
3. Montana State partnership receives $66.9M for carbon sequestration
4. New publishing partnership for Energy for Sustainable Development
5. International public-private partnership offers new paradigm for medicinal chemistry
6. National Lung Cancer Partnership and LUNGevity Foundation announce 2009 grant recipients
7. NTU seals global partnerships on environmental sciences R&D
8. Oxford Journals and the International Society for Computational Biology announce new partnership
9. Regional partnership to develop algal biofuels gets backing of San Diego leaders
10. BIO-key(R) Enters Strategic Partnership With Nlets
11. BIO-key(R) Enters Strategic Partnership With Nlets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/9/2016)... 2016 Elevay is currently known ... freedom for high net worth professionals seeking travel for ... connected world, there is still no substitute for a ... sealing your deal with a firm handshake. This is ... advantage of citizenship via investment programs like those offered ...
(Date:4/26/2016)... and LONDON , ... Finacle, part of EdgeVerve Systems, a product subsidiary ... Onegini today announced a partnership to integrate the ...      (Logo: http://photos.prnewswire.com/prnh/20151104/283829LOGO ) ... provide their customers enhanced security to access and ...
(Date:4/15/2016)... -- Research and Markets has announced the ...  report to their offering.  ,      ... gait biometrics market is expected to grow at ... Gait analysis generates multiple variables such ... compute factors that are not or cannot be ...
Breaking Biology News(10 mins):
(Date:6/23/2016)... Mass. , June 23, 2016   ... development of novel compounds designed to target cancer ... napabucasin, has been granted Orphan Drug Designation from ... the treatment of gastric cancer, including gastroesophageal junction ... stemness inhibitor designed to inhibit cancer stemness pathways ...
(Date:6/23/2016)... ... June 23, 2016 , ... ... and Mold) microbial test has received AOAC Research Institute approval 061601. , “This ... introduced last year,” stated Bob Salter, Vice President of Regulatory and Industrial Affairs. ...
(Date:6/23/2016)... ... June 23, 2016 , ... Supplyframe, the Industry ... Supplyframe Design Lab . Located in Pasadena, Calif., the Design Lab’s mission ... hardware projects are designed, built and brought to market. , The Design Lab ...
(Date:6/23/2016)...  Blueprint Bio, a company dedicated to identifying, protecting ... has closed its Series A funding round, according to ... "We have received a commitment from Forentis Fund that ... meet our current goals," stated Matthew Nunez . ... complete validation on the current projects in our pipeline, ...
Breaking Biology Technology: