Vesta introduces new payment gateway for e-commerce merchants

Vesta Corporation, a US-based electronic payment solutions provider, has introduced a new payment gateway to eliminate the cost of transaction fraud for e-commerce and m-commerce merchants.

Vesta Corporation, a US-based electronic payment solutions provider, has introduced a new payment gateway to eliminate the cost of transaction fraud for e-commerce and m-commerce merchants.

Called vSafe, the new payment gateway will leverage the firm’s proprietary and patented fraud technology modeled on over one billion electronic payments.

According to Vesta, vSafe will estimate orders using business-specific models that maximize real-time transaction acceptance and isolate merchants from transaction fraud.

In addition, the quick-to-deploy API features full-service global payment capabilities and data protection features designed to significantly reduce PCI compliance requirements.

Vesta senior vice president and general manager Kevin Sprake said: "vSafe is a perfect solution for merchants in higher risk categories like digital goods and services, and for smaller merchants that don’t have the internal resources to deal with fraud and chargebacks.

"vSafe is backed by Vesta’s powerful fraud detection capabilities and decades of experience combating fraud for some of the biggest brands in the world."