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Fifth Third Processing Solutions Announces Open Platform With IP Commerce

Mercator Advisory Group by Mercator Advisory Group
March 21, 2011
in Analysts Coverage
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Merchants requiring custom code to process payments, and those seeking to develop specialized services surrounding the payment process, have another open platform option to choose from as FTPS launches e-Similate in partnership with IP Commerce. The solution enables software developers to create custom payment applications based on segment-specific workflows that are accessed through a series of APIs and can be integrated with FTPS’s robust reporting suite.

“It is important to remain flexible in our technology offering so that we can deliver secure processing options and solutions that will meet the needs of our valued partners,” said Bill Weingart, Chief Product Officer at Fifth Third Processing Solutions. “Working with IP Commerce provides us with the ability to deliver just-in-time solutions with the speed and depth of service required to support a growing community of software developers.”

“We are pleased with Fifth Third Processing Solutions’ decision to work with IP Commerce, and that our product, people and process supports their vision,” said Alfred ‘Chip’ Kahn IV, CEO, IP Commerce. “The alliance represents a significant advancement in enabling payments innovation and continues to validate the importance of the software developer in the payments value chain.”

Click here to read more.

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