BNA Smart Payments Announces Newest Global eCommerce Solution for Online Merchants

PR Web

Aurora, Ontario (PRWEB) June 25, 2014

BNA Smart Payments, a credit card payment processing company from Aurora, Ontario, has announced a new service: a complete global eCommerce solution for online payment processing from anywhere in the world. The company started offering this service during the first quarter of 2014, following a partnership with Payvision, one of the fastest growing global acquiring networks in the world.

Because web merchants need to sell their products to an international market, they also require a way to receive payments from customers. Thanks to the partnership with Payvision, the new eCommerce Solution from BNA Smart Payments allows companies to sell and expand overseas by providing them with an easy way to accept credit and debit cards online. The global eCommerce solution by BNA Smart Payments can process over 150 different currencies. It also helps reduce confusion and processing time as clients deal with the wide range of banks in different regions, all of which can require their own sets of legal, technical and administrative requirements. The newest system also allows the online payment processing comparison between competitors, so online merchants can find the best ways to streamline their card payment processing.

Jordan Rinaldo, of the BNA Smart Payments marketing team, stated that everyone in the company was involved in developing and acquiring this global eCommerce solution. "As a whole," said Rinaldo, "We put this together to provide online merchants the ability to begin expanding into different target markets more easily, and also provide their online business with an additional revenue stream."

The BNA Smart Payments eCommerce merchant service is compliant with PCI Security Standards, an organization founded by American Express, Discover Financial Services, JCB International, MasterCard, and Visa Inc., and is licensed with the Payment Services Directive, a regulatory initiative from the European Commission. It also utilizes the latest technology to handle a high volume of global online transactions. The ultimate goal of the new BNA Smart Payments eCommerce solution is to help businesses expand their geographical footprint and increase revenue streams for these online businesses.

Forrester Research, an independent technology and market research company, estimated that eCommerce would account for $262 billion in spending in 2013, and that that amount will grow 13 percent between 2013 and 2014. Research estimates also that North America had a share of 31.5 percent of all global eCommerce transactions in 2012. BNA Smart Payments aims to provide clients with advice in this changing and increasingly complex international market space as these businesses navigate the latest regulations and take steps to minimize fraud risk.

BNA Smart Payment Systems offers North American businesses a secure alternative to higher cost and less flexible POS transaction automation systems. They provide credit and debit card payment terminals and transaction handling services involving all aspects of POS credit, debit and stored value card processing. Within the last decade, BNA Smart Payments has emerged as a technology leader for secure payment solutions that complement specific industries and business models plus offer customers the choices they prefer.

Located in Aurora, just north of Toronto, Canada, BNA Smart Payments has certified credit and debit payment applications with more than five payment processors in North America, serving industries such as automotive, general retail, restaurant, entertainment and professional services.

BNA Smart Payments provides merchants the latest technology with services that are more cost effective than the solutions currently being used. Their full range of POS solutions includes stand-alone terminals (wired and wireless), integrated solutions, ecommerce, online reporting, as well as easy access to the best hardware and software vendors in the world.

For more information about BNA Smart Payments, please visit bnasmartpayment.com and follow them on: Twitter (twitter.com/BNASmartPayment), LinkedIn (linkedin.com/company/bna-smart-payment-systems-ltd.), Facebook (facebook.com/bnasmartpayment) and their blog (bnasmartpayment.com/blog).

Payvision, an independent payment solutions provider specialized in global card processing for the e-commerce market, offers Acquiring Banks, PSPs, ISOs and their Merchants a secure, PCI-DSS Compliant, PSD Licensed, international payment processing platform, enhanced with innovative technology. Payvision provides its customers 24/7 Support, 150+ transaction currencies and regional card settlement currencies, a high-end reporting interface and a solid risk management solution.

Founded in 2002, Payvision is headquartered in Amsterdam and has expanded its global services in over 40 countries with offices in New York, Utah, San Francisco, Madrid, Paris, London, Berlin, Singapore, Hong Kong, Macau, and Auckland. Payvision has been awarded with "Best CNP program outside U.S." during CNP Expo 2013, which took place in Orlando, Florida.