2011年3月13日 星期日

Merchant e-Solutions Selected to Provide Robust, Secure Payment Transactions Solutions to TheStreet

Merchant e-Solutions (MeS) announced today that TheStreet, a leading digital financial media

company, has selected MeS as its new payment platform.  As one of the fastest growing

processors in the e-commerce space MeS is uniquely positioned because of its complete in-

house e-commerce technology, inclusive of a payment gateway, authorizations, clearing and

settlement processing as well as tokenization.  MeS' payment technology will help assure

quick, secure payment processing for TheStreet's subscribers.

TheStreet has implemented MeS' cutting edge services including recurring billing

functionality, tokenization of card data and Visa and MasterCard's Account Updater service. 

In addition, TheStreet can employ pre-paid and gift card identification during authorization,

enabling informed decisions on whether to use a card for a future recurring payment.  All of

these features combine to reduce the burden of PCI compliance and maintain the latest card

holder data, helping to maximize profitability of TheStreet's recurring revenue stream.

"When measured by the value of our responsive service, robust technology platform and real-

time web-based reporting platform, we were able to come out ahead of our competitors," said

Kevin Gallagher, General Manager of e-Commerce for Merchant e-Solutions.

TheStreet is a leader in subscription-based premium services that provide investors with

insightful commentary, actionable trading ideas and market screeners across a broad spectrum

of asset classes.  In addition, it delivers a deep offering of financial and business

editorial content and videos on ad-supported properties.

Daniel Flax, TheStreet's Chief Information Officer, said, "We place a great deal of emphasis

on providing our subscribers with seamless, high quality financial information through the

safest, most efficient and reliable digital mediums available.  We evaluated a number of

options and after careful consideration and a high degree of scrutiny we are confident that

Merchant e-Solutions is the best provider of payment processing solutions available."

About Merchant e-Solutions (MeS)

Merchant e-Solutions, founded in 1999, provides Internet-based payment processing solutions

for merchants and banks.  Merchant e-Solutions currently processes more than $14 billion

dollars in payments for more than 65,000 merchants, supporting 150 global currencies and all

major credit, debit and alternative payment solutions.  The company specializes in services

for e-commerce and card-not-present merchants and provides a comprehensive suite of payment

solutions that are PCI compliant and designed to reduce merchant risk exposure.  Merchant e-

Solutions is headquartered in Redwood City, CA, with operations in Spokane, WA, and satellite

offices in Minneapolis, MN, and Columbus, GA.

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