Tilo facilitates the integration of WIX with First Atlantic Commerce
Costa Rica and Hamilton, Bermuda – July 15, 2021. First Atlantic Commerce (FAC), an online payment solutions provider that specializes in the Caribbean and Central America, and Tilo, a fintech solution provider that enables the integration of ecommerce platforms, today announced their partnership and technical integration to enable merchants to accept online payments through the Wix platform.
FAC is a Bermuda-based, feature-rich payment gateway that delivers customized and flexible online credit and debit card processing to companies across the Caribbean and Central America. The company also provides the first and only PCI validated P2PE solution for companies in the Latin American Caribbean Region as well as risk mitigation solutions to its merchants, banks and other gateways.
Tilo is a Full Commerce company based in Costa Rica that provides services to merchants across Central America and the Caribbean. Tilopay, their flagship payment solution, is an integration platform that connects merchants on top ecommerce platforms worldwide to FAC’s payment gateway.
Tilo has further developed their solution so that Wix platform users can now accept credit and debit card payments using FAC’s payment platform with settlement to local banks in the Caribbean and Central America.
Wix is a leading cloud-based development platform with 200 million users worldwide. Their powerful technology offers a complete website design solution that allows users to
create, manage, and grow an online presence.
The plugin to Wix is enabled for features such as local currency support, tokenization, 3DSecure and fraud protection solution, Kount, as well as multi-affiliates to enable financing or installments, which are common in Central America.
Henry Nanne, COO of Tilo, said: “We are very pleased to be working with FAC to provide Wix customers with quick and efficient payment processing access across Central America and the Caribbean.”
CEO of FAC, Chris Burns added: “This is fantastic for the region. Merchants were not able to use Wix and settle to local banks until now. We are thrilled to be partnered with Tilo and are excited to support one of the most popular ecommerce platforms in the world.”
About First Atlantic Commerce
First Atlantic Commerce (FAC) is a leading global, online payment solutions provider that specializes in the Caribbean. FAC is headquartered in Bermuda and was established in 1998 to create secure card-based payment solutions for online businesses. FAC provides merchants with multi-currency payment solutions, tokenization services and PCI validated Point to Point Encryption solutions. As well, FAC provides merchants and banks with fraud management services including AVS-only, CVV, 3-D Secure™ and Kount’s fraud control system, in multiple jurisdictions across Europe, Mauritius and the Latin American Caribbean Region.
About Tilopay
Inteligencia Comercial Tilo (Tilo) is the leading Full Commerce solutions company in Central America and the Caribbean. Headquartered in Costa Rica, Tilo was established in 2019 with a mission to develop the ecommerce infrastructure required to fast-forward ecommerce adoption across the region. Tilopay is their flagship payment integration solution that allows any merchant in the region to be able to use any of the leading global ecommerce platforms that have become standard across the globe.