Payment technology

Realex partners with Coccinet, PrestaShop to provide payment processing solution

Realex PaymentsRealex Payments announced on Thursday that it has partnered with French developer Coccinet and e-commerce software PrestaShop to provide a comprehensive solution for online payment processing.

Credit card details provided during checkout are stored securely on Realex Payments’ system. The free module features a number of fraud management tools, and tokenized transactions can be pushed through 3DSecure authentication for additional fraud protection.

Before dispatching, merchants will have the ability to check the security of the transaction, address verification, fraud score and 3DSecure results.

“Realex Payments are excited to bring to market this new PrestaShop module that incorporates many of the unique features our 12,500 merchants already benefit from,” Greg Liset, the head of business market sales at Realex, said. “PrestaShop’s world-class e-commerce platform and its impressive track record will help Realex Payments deliver its ambitious growth plan.”

Other features include payment processing for all major debit and credit cards, PCI-compliant tokenization, currency conversion at POS, detailed transaction logs and customizable sub-account rules.

“PrestaShop is really pleased to announce a partnership with Realex Payments, one of the major Payment Providers in Europe,” Gregoire Veron, the head of partnerships at Prestahop, said. “Our English and Irish online stores will now directly include the Realex Payments’ interface, enabling our merchants to benefit from a large range of innovative payment solutions.”

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