The Shack Group continues its diversified investment and development work in the ecommerce sector in 2008 by launching the new CommerceBill web site in the fourth quarter. Having successfully established our own proprietary merchant accounts and credit card processing systems through the development team at Siphem, we are hoping to attract a broader base of customers in Australia through the new web site. CommerceBill provides everything local businesses need to operate a fully functional ecommerce site, including:
It is well known that while many merchant accounts offer processing of Australian credit cards for payments, relatively few are Australia based and focus on building local relationships with Australian banks and retailers. CommerceBill looks to change all of that by specializing directly in the needs of Australian businesses for ecommerce.
CommerceBill & Australian Banking:
The Shack Group has worked to establish a strong connection with local Australian banks in order to provide secure online processing of credit cards and an easy direct deposit of sales revenue to the merchant’s bank account. We are currently working directly with the following banks in Australia:
For merchants who need to process credit cards over the phone, we also provide a virtual terminal with the same security and fraud prevention features of our online sales network.
CommerceBill - Advanced Fraud Protection Services:
The biggest risk for online sellers is credit card fraud. Too often we have heard stories from merchants who effectively lost two to three times the amount of the original transaction through chargebacks issued by credit card processors after the goods were sold. Not only did the merchants lose the cost of the sale, but also the merchandise and shipping costs. Add to this untold hours on the phone to unresponsive companies trying to find out why it all happened, and it is easy to understand the cause for worry. The sad fact is that online merchants are held 100% responsible for credit card fraud that is perpetrated by hackers, despite having the best intentions and honoring their sales departments respectfully.
CommerceBill draws on the experience of the Shack Group in providing merchant protection and security solutions for ecommerce. Credit card processing goes through a three level verification process that includes multiple checks for fraud before the transaction is processed. This includes address and security code verification as well as Mod-10 algorithm analysis. The result is greater peace of mind and account protection for merchants engaged in ecommerce.
CommerceBill – Affordable Solutions for Online Merchants:
In building a sustainable market sector for our ecommerce facilities, merchant account, and credit card processing services, CommerceBill offers a number of different plans and packages for e-sellers that require only a small monthly fee or commission on every transaction. In addition, we also provide verification, security, and direct deposit facilities for free with every account. The Shack Group will be integrating CommerceBill merchant account solutions in our Australian corporate management and web development services in 2008-9 to provide the highest level of security and affordability for our ecommerce customers.
For more information about CommerceBill Merchant Account Solutions for Australian Businesses, please visit:
http://www.commercebill.com/