FAC enables Wix platform for LatAm and Caribbean
First Atlantic Commerce has partnered with a Central American fintech solution provider to enable merchants to accept online payments through the Wix platform.
The Bermudian-based online payment solutions provider said it is partnering with Costa Rica-based Tilo, a fintech solution provider that enables the integration of e-commerce platforms.
FAC is a feature-rich payment gateway that delivers customised and flexible online credit and debit card processing to companies across the Caribbean and Central America.
The company also provides the first and only PCI validated P2PE solution for companies in the Latin American Caribbean Region as well as risk mitigation solutions to its merchants, banks and other gateways.
Tilo is a full commerce company that provides services to merchants across Central America and the Caribbean.
Tilopay, the company’s flagship payment solution, is an integration platform that connects merchants on top e-commerce platforms worldwide to FAC’s payment gateway.
The companies said Tilo has further developed its solution so that Wix platform users can now accept credit and debit card payments using FAC’s payment platform with settlement to local banks in the Caribbean and Central America.
Wix is a cloud-based development platform with 200 million users worldwide. Their powerful technology offers a complete website design solution that allows users to create, manage, and grow an online presence.
The plug-in to Wix is enabled for features such as local currency support, tokenisation, 3DSecure and fraud protection solution, Kount, as well as multi-affiliates to enable financing or instalments, which are common in Central America.
Henry Nanne, COO of Tilo, said: “We are very pleased to be working with FAC to provide Wix customers with quick and efficient payment processing access across Central America and the Caribbean.”
Chris Burns, CEO of FAC, said: “This is fantastic for the region. Merchants were not able to use Wix and settle to local banks until now.
“We are thrilled to be partnered with Tilo and are excited to support one of the most popular e-commerce platforms in the world.”