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Latitude19 Technology announces registration with UnionPay International, the international business arm of China UnionPay, as Third Party Service Provider for eCommerce card processing

Latitude19 Technology
2015-08-11 00:47 2442

GRAND CAYMAN, Cayman Islands, Aug. 11, 2015 /PRNewswire/ -- Latitude19 Technology announces its internet payment gateway is now registered with UnionPay Online Payment, a service for e-Commerce transactions that enables UnionPay cards to be accepted over the internet with real-time transaction authorization.

The service brings the convenience of transacting over the internet to all Issuers, Acquirers, Merchants, and UnionPay cardholders in a simple and secure way. It may be utilized by the holders of more than 5 billion UnionPay cards.

Latitude 19 Technology CEO & Founder, Timothy Moore said, "UnionPay registration is an important milestone in our strategy to become the leading global offshore payment gateway. We are pleased to become the first provider for UnionPay in the Caribbean and Latin America.  Our partnership with the world's largest card association, will fast track our growth and provide valuable solutions for our clients."  

Latitude19 Technology's payment gateway allows merchants to pre-authorize, authorize-only, capture, void, and refund credit card transactions in real-time manner. Reporting is available to assist the merchant with quick response times, managing their customer's expectations and service levels. State-of-the-art tokenization technology will assist the merchant in reducing PCI complexity and cost as well as improving cardholder security.

Additional solutions available include: fraud and risk management software, consumer authentication software (3D secure), hosted shopping cart services, and a virtual terminal.

Latitude19 Technology's UnionPay International credit card issuing program is based on a globally recognized platform that has been designed to rapidly launch and deploy new programs or expand existing programs in real-time versus taking months with other legacy platforms. It supports debit, credit, or emerging payment programs in plastic, virtual, or mobile form.  Whether the consumer, corporate or government merchant requires prepaid cards for: travel, gift, mobile wallet, payroll, rewards/incentives and more we have you covered. Latitude19 Technology will perform all program management responsibilities such as: program setup and access, client management, and overall service and support.

Latitude19 Technology is well positioned to support the merchant for all its acquiring and issuing requirements and to ensure that the latest technologies and solutions are made available to all its global clients.

For more information, contact sales@L19tech.com.

About Latitude19 Technology: (www.L19tech.com) Latitude19 Technology is a Cayman Islands-based secure, international, online payment gateway that offers competitively priced, custom credit card payment solutions for eCommerce merchants. The merchant benefits from the open payment gateway design with faster credit card transaction processing speed, cardholder security, and investment protection in a zero tax jurisdiction.

About UnionPay International: (http://www.unionpayintl.com) UnionPay International (UPI) is a subsidiary of China UnionPay focused on the growth and support of UnionPay's global business. In partnership with more than 300 institutions worldwide, UnionPay International has enabled card acceptance in 150 countries and regions outside the Chinese mainland with issuance in 40 countries and regions. UnionPay International provides high quality, cost effective and secure cross-border payment services to the world's largest cardholder base and ensures convenient local services to a growing number of global UnionPay cardholders and merchants.

Source: Latitude19 Technology
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