UNITED KINGDOM | The UC Group, owner of the international Payment Service Provider Secure Trading, has launched a unique acquiring business called Secure Trading Financial Services (STFS). The brand new merchant acquiring branch of UC Group puts “speed and simplicity at its core”.
Accepting cards within 48 hours
Secure Trading Financial Services (STFS) has the ability to get merchants selling online in an unprecedented 48 hours. As a licensed principal member of Visa and MasterCard, fully regulated across Europe, it is able to process credit and debit cards internationally.
STFS has created a paperless merchant boarding process using a single online application form. Merchants benefit from comprehensive reporting facilities and a merchant self-management portal, with risk management services and flexible settlement terms.
International Card Acquiring For Every E-commerce or MO/TO merchant
STFS caters for online businesses with different business models – from merchants that use subscriptions or recurring payments to charge their customers, to mail / telephone order businesses that can take card details over a smart virtual terminal. STFS also accommodates companies that have complex payment and card handling requirements, including tokenization and deferred payment management. The new acquiring business STFS supports card acquiring across multiple countries and currencies, making it suitable for all organisations – from large internationally operating retailers to local start-ups.
PCI DSS guidance taken seriously
A unique PCI DSS portal complements the service offering of STFS, allowing merchants to complete their PCI DSS self-assessment online, simply and quickly. A sophisticated fraud prevention service comes as standard. Payment Card Industry Data Security Standard (PCI DSS) is a set of universal security standards for all organisations handling cardholder data to ensure the data is properly safeguarded.
Secure Trading Acquiring business offers advice on regulatory compliance via their sister company, Cognosec. Cognosec is a Qualified Security Assessor (QSA), meaning it is certified by the PCI Security Standards Council to assess merchants' compliance levels and provide services including: vulnerability scan, on-site assessments, remediation and PCI DSS awareness programmes.
SecureTrading Acquiring Partners
STFS is also partnering with selected online payment gateways and payment providers. Off course, the Payment Service Provider business of UC Group, Secure Trading, directly connects with the new Acquiring branch. From the STFS partner section, it can be derived that they have also set up a reseller / referal program with Magento, Opencart and SelectCommerce (click here to see all partners).
'Get merchants up and running in a fraction of time'
“We’re offering a standard of service that’s currently not available on the market. We can get merchants up and running in a fraction of the time of our competitors.” says Mike Norton, Managing Director at Secure Trading Financial Services. “STFS was designed and built for the online industry. We are a lean organisation, independent and experts in card not present transactions. No matter what stage an online business is at, STFS is the dedicated merchant services provider to help optimise and improve any online payment strategy."
About Secure Trading Financial Services
Secure Trading Financial Services Ltd is a Financial Institution licensed by the Malta Financial Services Authority (“MFSA”) and also a Principle Member of Visa and MasterCard enabling us to deliver an end-to-end acquiring service across Europe. For more information visit their website.
Sourced from Press Release Secure Trading Financial Services, November 19th, 2014