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02-13-2012

Cynergy Data adds e-commerce division

Jan. 23, 2012 – Cynergy Data has added a new division dedicated to the unique needs of eCommerce merchants and the ISOs who back them.


“On multiple levels, SecurePay is hands-down the best eCommerce product in the industry,” said Cynergy Executive Vice President, Tom Tesmer. “We recognize that eCommerce merchants require a different approach to boarding, underwriting, security and pricing. As a result, we have assembled all in a single, innovative solution.”


To accelerate merchant boarding and processing, SecurePay offers an online application with digital signature that results in an MID in minutes, not days.


The SecurePay underwriting team then automatically approves most merchants, delaying a more detailed process until the merchant actually begins processing. Risk at SecurePay is also handled differently, managed by a team of industry experts who recognize the unique markers of fraud for those doing business on the Internet.


SecurePay is powered by LUCY, Cynergy’s proprietary gateway, which provides reliable, secure, affordable processing services. Additional mobile products offer swipe and receipt options for in-person sales. SecurePay is fully compatible with Cynergy Data’s robust online management tool, VIMAS. This highly sophisticated software serves as the online dashboard for pricing, boarding, monitoring and reporting.


SecurePay is one of many comprehensive solutions Cynergy provides to continue offering the best payment processing options available. To learn more about SecurePay and other solutions, call 800.933.0064: ext. 1178 (Tim Vint, West Coast); ext. 5140 (Tom DellaBadia, East Coast).


About Cynergy Data:

Cynergy Data is one of the country’s foremost payment services providers, managing a portfolio of over 100,000 merchants processing in excess of $10 billion annually. Headquartered in Alpharetta, GA with an Operations Center in Long Island City, NY, Cynergy Data is owned by the Comvest Group, a leading private investment firm focused on providing debt and equity solutions to lower middle-market companies.

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