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UC Group's strategy is to provide integrated solutions of payment processing and logistics to global providers of products and services sold over the internet.

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"SPEED AND SIMPLICITY AT ITS CORE" SECURE TRADING FINANCIAL SERVICES LAUNCHES

Payments management experts UC Group has launched a unique acquiring financial institution, Secure Trading Financial Services (STFS) - www.acquiring.com.

STFS has speed and simplicity at its core, with the ability to get merchants selling online in an unprecedented 48 hours. Fully regulated across Europe, it has created a unique paperless merchant boarding process using a single online application form.

On top of the unparalleled quick turnaround, merchants also benefit from comprehensive reporting facilities and a merchant self-management portal, with a suite of risk management services and flexible settlement terms.

Mike Norton, Managing Director at Secure Trading Financial Services said: "We're offering a standard of service that's currently not available on the market. We can get merchants up and running in a fraction of the time of our competitors. It's a very compelling proposition for merchants."

STFS supports acquiring across multiple countries and currencies, making it suitable for all organisations - from global powerhouses to nimble start-ups. As a licensed principal member of Visa and MasterCard, it is able to accept credit and debit cards internationally.

STFS caters for online businesses with different business models - from merchants that use subscriptions or recurring payments to charge their customers, to mail / telephone order businesses that can take card details over a smart virtual terminal. STFS also accommodates companies that have complex payment and card handling requirements, including tokenization and deferred payment management.

A unique PCI portal complements the service offering of STFS, allowing merchants to complete their PCI DSS self-assessment online, simply and quickly. A sophisticated fraud prevention service also comes as standard.

Mike Norton continued: "STFS was designed and built for the online industry. We are a lean organisation, independent and experts in card not present transactions. No matter what stage an online business is at, STFS is the dedicated merchant services provider to help optimise and improve any online payment strategy."

Many companies have already seen the advantage that STFS has to offer and have signed up, while STFS is also partnering with selected online payment gateways and payment providers.

Mike concluded: "We have built bespoke technical connectivity within the STFS systems to make life as easy as possible for our partners. Linking up with us couldn't be simpler, and we're actively seeking partners whose offering we can add value to."

Media contact
Paul Gent - paul.gent@securetrading.com

Notes to editors

About Secure Trading Financial Services
Secure Trading Financial Services Ltd (STFS) is a new kind of acquirer.

We were established in 2014 as part of the UC Group of companies. Our focus from the start was speed and simplicity for our merchants - we created a unique paperless application process that can get merchants boarded in 48 hours, and a PCI DSS portal to enable our merchants to complete their self-assessment online.

Secure Trading Financial Services Ltd is a Financial Institution licensed by the Malta Financial Services Authority ("MFSA") and also a Principle Member of Visa and MasterCard enabling us to deliver an end-to-end acquiring service across Europe.

Payment Card Industry Data Security Standard (PCI DSS) is a set of universal security standards for all organisations handling cardholder data. There are twelve specific requirements and procedures for attaining PCI DSS compliance, split across six areas.

We offer expert advice on regulatory compliance via our sister company, Cognosec. Cognosec is a Qualified Security Assessor (QSA), meaning it is certified by the PCI Security Standards Council to assess your compliance levels and provide services including: PCI vulnerability scan, PCI gap assessment, PCI on-site assessment, PCI remediation, PCI security awareness programme.

http://www.securetradingfs.com
http://www.acquiring.com

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Cognosec Secure Trading Financial Services