LONDON, MONTREAL and NEW YORK (May 7, 2014) -- Optimal Payments (LSE AIM: OPAY), a leading global online payment solutions provider, has been selected by leading Canadian fashion retailer Groupe Dynamite Inc. to provide a broad array of online payment and fraud prevention services for its Dynamite® and Garage® websites in Canada and the U.S.
Utilizing its NETBANX® payment platform and services,
Optimal Payments developed a single-source custom solution
allowing Groupe Dynamite Inc. to deliver its customers a
consistent brand experience across its many markets. The
platform protects the well-known and respected fashion retailer
and its clients from fraud and potential security breaches.
“We are pleased to have been selected by Groupe Dynamite
Inc. to support its international ecommerce expansion,”
said Danny Chazonoff, chief operating officer, Optimal
Payments. “Our custom solution offers Groupe Dynamite
Inc. the global online payment functionality and fraud
management tools for expanding their online presence and
reaching new markets.”
Optimal Payments enjoys a strong reputation for providing
end-to-end solutions with robust fraud management capabilities
for major retailers across the globe. It developed a customized
risk and fraud management solution for both the Dynamite and
Garage websites. This includes its proprietary Risk Rules
Engine (RRE) with custom fraud-monitoring rules and parameters;
the ability to hold payments for review; and tokenization to
which securely stores cardholder data for customers making
repeat purchases. All of these risk-management tools ensure
Groupe Dynamite Inc. maintains its PCI DSS compliance while
minimizing losses from fraud and chargebacks.
Optimal Payments’ payment processing capabilities coupled
with its established relationships with global acquiring banks
make the company poised to support all retailers seeking to
expand their ecommerce offering internationally, efficiently
and securely.
About Groupe Dynamite Inc.
Groupe Dynamite Inc. is a Montreal-based company with two
brands at the heart of its success, Garage and Dynamite. They
operate more than 300 stores in Canada and worldwide and employ
close to 5,000 people. They have their roots planted firmly in
the terrain of fashion’s retail landscape. Acting as a
Canadian leader among the international brand landscape, both
Garage & Dynamite continue to thrive in an ever-crowded
marketplace. Their passionate team continues to lead expansion
of the business in new markets, including e-commerce while
always leveraging our shared values.
About Optimal Payments Plc
Optimal Payments is a global provider of online payment
solutions, trusted by businesses and consumers in over 200
countries and territories to move and manage billions of
dollars each year. Merchants use the NETBANX® platform and
services to simplify how they accept credit and debit card,
direct-from-bank, and alternative and local payments; and the
NETELLER® service to increase revenues and capture new
customers. Consumers use the multilingual and multicurrency
NETELLER and Net+® Card stored-value offering to make
secure and convenient payments. Optimal Payments Plc is quoted
on the London Stock Exchange’s AIM, with a ticker symbol
of OPAY. Subsidiary company Optimal Payments Ltd is authorised
and regulated as an e-money issuer by the UK’s Financial
Conduct Authority (FRN: 900015).
No comments:
Post a Comment