International multi-currency online payment and risk management solutions provider First Atlantic Commerce recently announced that it is working with PriceSmart, an operator of US-style membership warehouse clubs in Central America and the Caribbean.
The partnership will enable PriceSmart members in the Caribbean to shop online. FAC’s payment gateway is connected to PriceSmart’s website to provide the company with sales via online, real-time Visa and MasterCard processing. Funds are settled to PriceSmart’s merchant account at Scotiabank, an international bank headquartered in Canada.
"We selected FAC because of their long-standing relationship with Scotiabank and excellence in providing multi-currency credit card processing services to clients in the Latin American and Caribbean Region," said Atul Patel, SVP and treasurer at PriceSmart.
