CardinalCommerce and Alipay Form Partnership

Alipay is the Latest Payment Brand to be Enabled Through Cardinal's Patented eCommerce Payment Platform, Centinel(R)


MENTOR, Ohio, Aug. 9, 2011 (GLOBE NEWSWIRE) -- CardinalCommerce Corporation, the worldwide leading provider of payment brands, today announced the addition of Alipay to its eCommerce platform, Cardinal Centinel.

Cardinal Customers can now have immediate access to the large number of Chinese shoppers who desire international goods through Cardinal Centinel®, the patented Universal Merchant Platform. With registered users numbering over 550 million, Alipay is China's first third-party online payment platform to offer a cross-border online payment solution.

"We are excited to announce the addition of Alipay to Cardinal Centinel," said Mike Keresman, Chief Executive Officer, CardinalCommerce. "Alipay's dedication to creating a simple, secure, and speedy online payment solution parallels Cardinal's philosophy. We are confident the thousands of Centinel merchants and our future Customers can grow their international businesses rapidly with Alipay."

About Alipay

Alipay (www.alipay.com) is China's leading third-party online payment platform. It provides a simple, secure and speedy way for millions of individuals and businesses to make and receive payments on the Internet. As of December 2010, Alipay had more than 550 million registered users and facilitated around 8.5 million transactions daily. Alipay is an affiliate of Alibaba Group.

About CardinalCommerce

CardinalCommerce Corporation is the global leader in enabling authenticated payments, secure transactions, and alternative payment brands for both eCommerce and mobile commerce.

Cardinal Centinel®* enables payment brands such as Verified by Visa, MasterCard® SecureCode, Alipay, Amazon Payments, Bill2Phone, Bill Me Later®, ClickandBuy®, Cred-Ex®, Ebates, eBillme, eLayaway, Google Checkout, Green Dot® MoneyPak®, Mazooma, Moneybookers, MyECheck, NACHA® Secure Vault Payments (SVP), NetCash®, NYCE SafeDebit®, OneTouch Online Purchasing, Paymate, paysafecard, PayPal, RialtoPay, SafetyPay, TeleCheck®, Ukash, and more to a network of thousands of merchants and merchant service providers.

Our mobile commerce platform, Cardinal MAX, makes it simple for retailers to sell and market products through the mobile channel. Cardinal's proprietary and easily deployable technology provides consumers, merchants, credit/debit card issuers, and processors the ability to conduct authenticated Internet, wireless and mobile transactions safely and securely.

Cardinal's ²IDENTIFI product suite contains proprietary solutions specifically designed for banks and processors. Financial institutions worldwide can benefit from offering both the Centinel and MAX product platforms to their merchants and Customers.

Headquartered in Cleveland, Ohio, with facilities in the United States, Europe, and Africa, Cardinal services a worldwide Customer base.

The CardinalCommerce logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=697

For more information, visit www.cardinalcommerce.com


            

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