Verified by Visa and MasterCard SecureCode Now Integrated with AbleCommerce by Web 2 Market

Online, December 10, 2011 (Newswire.com) - Today Web 2 Market announces the availability of 3-D Secure / Payer Authentication for AbleCommerce. Using the Verified by Visa and MasterCard SecureCode programs, merchants can reduce transaction fees, lower chargebacks and cut fraud by up to 70%.

Cardholders create a PIN and assign it to their credit card. At checkout, customers enrolled in the Visa or MasterCard program are prompted to enter their PIN, if they've registered. The PIN is then verified by the Card Issuer (bank). If they haven't registered, they proceed through the checkout as normal. Videos demonstrating the checkout process are available at:
http://www.youtube.com/watch?feature=player_embedded&v=QplDHJwbsKw
or
http://www.web2market.com/assets/videos/cardinal3dsecure/cardinal3dsecure.swf

Each merchant will be different of course. Savings will be a total of reduced fraud, fewer chargebacks and a lower interchange rates. To see the interchange rates, see the 3-D Secure Payer Fact Sheet.

Web 2 Market will need to install the plugin on your site. We are offering the plugin at a special price of $249 for the next two weeks. The connection to 3-D Secure systems goes through Cardinal Commerce. Fees are based on number of transactions, contact us for details.

Currently there are over 600 M enrolled cardholders, over 16 M active cardholders and over 400,000 + merchants worldwide. The 3-D Secure and Payer Authentication programs have been growing for over five years.

For more details, call or email us. To purchase, visit
http://www.web2market.com/Cardinal-Centinel-Plugin-for-AbleCommerce-P62.aspx

Cardinal commerce provides over thirty payment solutions for ecommerce merchants. AbleCommerce is the leader in ASP .NET web shopping carts.

Web 2 Market provides a complete solution to your web storefront needs. Web 2 Market is an AbleCommerce® Premiere Partner and has over fourteen years experience developing and hosting AbleCommerce® storefronts. Over the years, we've developed, designed, and hosted over two hundred AbleCommerce sites. Web 2 Market gives you a complete solution for growing your business online. For more information, email [email protected] or call 708-653-3100.