IPP Europe

What is CardinalCommerce

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Have you ever bought something online and wondered if your payment was secure? With the rise of e-commerce, online payments have become a staple in our lives. But with convenience comes the risk of fraud and security breaches. That’s where companies like CardinalCommerce come in. They provide secure and convenient payment solutions for online merchants.

The story of CardialCommerce

CardinalCommerce was founded in 1999 by Michael A. Keresman, II, a former executive at Sterling Commerce. The company quickly established itself as a leader in the payment security industry by developing innovative technologies that protected online transactions from fraud.

CardinalCommerce’s flagship product, Cardinal Centinel┬«, allows merchants to securely accept online payments from a variety of payment types, including credit cards, debit cards, and digital wallets. They also offer a suite of products to help merchants comply with the Payment Card Industry Data Security Standard (PCI DSS).

The Acquisition

Their success in the payment security industry did not go unnoticed. In 2017, VISA, one of the world’s largest payment technology companies, acquired CardinalCommerce to strengthen its position in the payment security industry. By acquiring CardinalCommerce, VISA gained access to the company’s expertise in online payment security and its innovative technologies.

Since the acquisition, CardinalCommerce has continued to operate as a subsidiary of VISA, with its headquarters remaining in Mentor, Ohio. The company’s employees have also remained with the company, with Michael A. Keresman, II continuing to serve as the company’s CEO.

As part of VISA, CardinalCommerce continues to provide innovative payment security solutions for online merchants. Their technologies help merchants reduce the risk of fraud and comply with industry standards for protecting cardholder data. Their products and services are integrated with VISA’s payment network, enabling merchants to accept a wide variety of payment types securely. In addition, VISA has leveraged CardinalCommerce’s expertise to enhance its own payment security offerings, including its 3-D Secure authentication technology.

How CardinalCommerce is different

So, what sets CardinalCommerce apart from its competitors? For one, they offer comprehensive payment security solutions, including their flagship product Cardinal Centinel®, which helps merchants comply with PCI DSS. They are also known for their innovative technologies, such as their patented Consumer Authentication technology, which allows merchants to authenticate online transactions in real-time, reducing the risk of fraud. Finally, CardinalCommerce has a reputation for providing exceptional customer service.

In conclusion, CardinalCommerce’s acquisition by VISA was a strategic move to strengthen VISA’s position in the payment security industry. CardinalCommerce continues to provide innovative payment security solutions for online merchants as part of the VISA organization. With their comprehensive payment security solutions, innovative technologies, and exceptional customer service, CardinalCommerce is a leader in the payment security industry.