Venda Outsource Payment Gateway to DataCash.

Venda provides sophisticated business to business and business to consumer eCommerce solutions across a variety of sectors from automotive to retail, and healthcare to finance. Partnership is pivotal to the company's success; working with Microsoft, Intel and BT, Venda is able to provide customers such as Comet, Tommy Hilfiger and ntl with a scaleable and secure suite of solutions.

The Requirement

The Venda eCommerce platform offers extensive functionality and flexibility; this includes design, implementation, equipment, hosting, bandwidth and transaction activity - all for a fixed monthly fee. Unlike traditional software development models, Venda employs a 'Lego kit' of components; these are assembled to produce customised features and functionality on a client by client basis.

However, one important piece of the jigsaw was missing - a reliable payment gateway that would enable Venda's own customers to accept, authorise and settle transactions made by a variety of financial instruments such as cards and direct debits.

The DataCash Solution

"The payment gateway is the final and crucial piece in the process of taking a customer order", explains Dan Wagner, founder and CEO of Venda. "Just over a year ago we decided to outsource this function and were looking to rely on a partner that could support our need for utmost reliability and security. We chose DataCash because they are the very best payment gateway in the UK."

"The decision to outsource the payment gateway was a simple one; we always knew we would rely on a third party," continues Wagner. "Rather than make further investments, the costs to outsource are incremental and enable us to focus on doing what we do best."

Because DataCash is 100 per cent focused on payment solutions, it can enable Venda's own customers to authorise, confirm or reject transactions in real time with one of the acquiring banks. Finally, using the DataCash payment gateway, Venda's customers can trade in more than 124 currencies, and settle in 13; this is crucial to their own continued business success.

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Press and Marketing Information:
Carly Smith
DataCash Ltd
Tel: +44 (0) 207 421 9283