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MetroBank S.A. and Accertify Announce Partnership to Fight Credit Card Fraud in Latin America

PANAMA CITY CHICAGO Feb. 15, 2011 Panama Latin America

Under the agreement, MetroBank will integrate the Interceptas® fraud prevention platform by Accertify, with its payment gateway, offering the platform to merchants, processors, card issuers and acquirers for both card-present and card-not-present transactions.

Founded in 1991, MetroBank offers a complete product platform in the areas of Private and Corporate banking.  The bank processes more than 1 million card transactions a month, serving 38 merchants in the retail, travel, telecommunications, technology, retail, health and professional services industries.

Accertify provides a software application that offers an extra level of security for transactions over any of the major payment networks, including American Express, Visa, MasterCard, Discover, PayPal or any other alternative payment method. Accertify also offers merchants the option to outsource their end-to-end fraud management process. Many of its customers have quickly achieved significant gains in the efficiency, accuracy and productivity of their fraud prevention efforts with reductions of 50% or more in their fraud losses and customer complaints due to fraud.  

Latin America Gustavo Garcia de Paredes Latin America

Latin America Eldred Garcia Latin America Caribbean Latin America

About MetroBank S.A.

Founded in 1991, MetroBank offers a complete product platform in the areas of Private and Corporate banking fulfilling all the needs of its demanding clientele. Short and medium term financing, both in the corporate as well as in the private sector, are some of MetroBank’s strengths, allowing it to help its clients and companies reach their goals and dreams.

About Accertify

Itasca, IL www.accertify.com

SOURCE Accertify Inc.

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