Fifth Third Processing Solutions, leader in payment processing with over 26.7 billion ATM and POS transactions covering 156, 000 retail locations worldwide and RevolutionMoney, Inc provider of a secure interchange-free payment platform have announced the signing of the agreement that leads to launch the RevolutionCard into the network of the Fifth Third Processing Solutions via its Fifth Third Jeanie. The processing company would provide RevolutionMoney with reliable gateway processing services.
RevolutionCard, introduced to the American market in September 2007, represents the combination of the Pin-based features corresponded to debit cards, absence of the cardholder name and its signature approaches it to Cirrus card, product successfully launched by MasterCard. With two these successful features the RevolutionCard would be considered as the most secure plstc ever existed in the market. As it was announced by RevolutionMoney the card might be considered as the best merchant solution with its no intercharge fees, reduced chargebacks and lowered fraud risk that creates immense saving that might be passed back to the customer in the form of the incentives and loyalty programs. RevolutionMoney also provides merchants of any size with MoneyExchange, online payment service, similar to Google Checkout that allows its customers to instantly send and receive money online.
According to Angela Brown, senior Vice-President of Fifth Third Processing Solution: "Our agreement with RevolutionMoney allows merchants of all sizes to begin saving money by accepting the RevolutionCard and enables our cardholders to use their cards for their everyday purchases throughout the country."
Natalia, reporter of Ecommerce Journal
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