As a result of the acquisition, Acculynk Direct will provide full service payment processing and payment gateway solutions to small and mid-size merchants, and a full affiliate program to partners and resellers. Additionally, Acculynk Direct plans to provide a full suite of developer-oriented tools to provide simple integration of the service into mobile merchant applications and e-commerce sites.
Currently over 3,200 online merchants, including large e-commerce retailers and most major airlines, provide Acculynk’s Internet PIN debit as an online payment method to their customers. PIN debit benefits merchants by shifting the liability for fraud from the merchant to the card issuer.
PayLeap is a single-source solution which supports electronic payment acceptance for online and retail merchants. PayLeap functionality includes fraud management tools, tokenized cardholder data vault, hosted payments page, online secure checkout, recurring payments, and a co-branded virtual terminal. PayLeap serves over 4000 merchant customers and is integrated into over 75 shopping carts and software applications.
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