First Atlantic Commerce and Butterfield offer local charities reduced rate online processing fees
Bermuda. December 13, 2016 – First Atlantic Commerce (FAC), a Bermuda-based, global payment gateway, and Butterfield, a full service community bank and provider of specialised international
financial services, today announced they will provide local charities with best possible rates for online credit card processing.
FAC will provide online gateway transaction processing services free of charge for local charities. Integrating to the FAC platform to enable online credit card processing is an ideal solution for charities looking to accept donations online or who want to implement a monthly contribution plan with their donors.
“During this season of giving, all of us at FAC are proud to help local charities,” said Chris Burns, CEO of FAC. “We currently assist several charities with their ecommerce, and want to extend that to all local registered charities that require online credit card processing services.”
Butterfield will offer heavily reduced discount and transaction fee rates, and waive the monthly fee to charities looking to do online commerce.
Butterfield Senior Vice President, Group Head of Card Services, Peter Jackson, said: “This is one of the ways in which we can give back to the community this holiday season and throughout the year. We work very closely with First Atlantic Commerce, and are thrilled to start the holiday season together with FAC in the spirit of giving.”
About First Atlantic Commerce
First Atlantic Commerce (FAC) is a leading global, online payment solutions provider. Headquartered in Bermuda, and established in 1998 to create secure card-based payment solutions for e-businesses, FAC’s cGate technology offers service, flexibility and security to adapt to many business and bank acquirer requirements. FAC provides merchants with multi-currency payment solutions in addition to fraud risk management services including AVS-only, CVV2/CVC2/CID verification, 3-D Secure™ and Kount’s fraud control system, in multiple jurisdictions across Europe, Mauritius and the Latin American Caribbean Region. For more information on First Atlantic Commerce, please visit www.firstatlanticcommerce.com.
About Butterfield
Butterfield is specialist provider of international financial services. The Butterfield Group offers a full range of community banking services in Bermuda, and the Cayman Islands, encompassing retail and corporate banking and treasury activities. The Group variously provides private banking, asset management, investment advisory, residential property lending and personal trust services from its headquarters in Bermuda and subsidiary offices in The Bahamas, the Cayman Islands, Guernsey, Switzerland and the United Kingdom. Butterfield also provides services to corporate and institutional clients from offices in Bermuda, The Bahamas, the Cayman Islands and Guernsey, which include asset management and trust services. Butterfield is publicly traded on the New York Stock Exchange. For more information, visit: www.butterfieldgroup.com.