Global payment services provider DataCash (part of the MasterCard group) has inked a contract with Redecard, a subsidiary of Latin American financial services provider Itaú, to introduce E-commerce Redecard solution in Brazil.
As a result, DataCash will connect multiple suppliers to its payment platform, enabling interconnections between merchants, issuing banks and Redecard itself. Merchants who adopt E-commerce Redecard will gain access to a single system which enables them to accept and process a range of payment methods, including both national and international credit and debit cards as well as Boleto Bancário, all backed up with fraud prevention tools and a transaction management system.
Itaú employs over 96,000 people and has businesses across the Americas, Asia, Middle East and Europe. In 2012, Itaú’s net income was around USD7 billion. DataCash Group provides multi-channel global payment processing services and fraud prevention and risk management solutions to merchants and banks. The company enables customers to accept and process payments in over 177 currencies, from over 45 brands across e-commerce, m-commerce channels and cardholder present channels.
For more information about DataCash, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.
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