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February 17, 2010

Ritz Interactive selects payment processing technology from Merchant e-Solutions

To provide shoppers with streamlined ways to purchase goods

By CBR Staff Writer

Ritz Interactive, an internet retailer that offers a portfolio of products on more than 18 websites, has selected payment processing technology from an eCommerce payment provider Merchant e-Solutions (MeS).

MeS said that its platform offers Ritz Interactive the benefit of eCommerce payment processing and business management offerings without having to integrate into multiple systems. The MeS’ simplified API incorporates all payment authorisation, settlement and real-time online reporting into a single interface, making it easier for the Ritz’s shared technology infrastructure.

In addition, Ritz Interactive will also utilise the benefits of MeS’ Tokenization service, which protects sensitive credit card data during transaction processing, provides a secure process to reduce the burden of PCI compliance by eliminating the need to store credit card numbers.

The MeS’s internet-based services include the payment gateway and virtual terminal, plus an web-based reporting platform that provides access to over five years of processing history.

Fred Lerner, president and CEO of Ritz Interactive, said: Efficient and effortless payment is an important element of the online shopping experience and Merchant e-Solutions enables Ritz Interactive to provide shoppers with convenient, secure and streamlined ways to purchase goods.”

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