FAC merchants can now benefit from the world’s most convenient way to issue and send a high volume of outgoing payments – in most currencies to beneficiaries around the world

1. First Atlantic Commerce teams up with Chexx Inc. to provide
international checks and electronic funds transfer across the globe
FAC merchants can now benefit from the world’s most convenient way to issue and send a
high volume of outgoing payments ­– in most currencies ­­ to beneficiaries around the world
Hamilton, Bermuda and Shannon, Ireland. September 14th, 2009. First Atlantic
Commerce (FAC), a leading, international, multi­currency payment gateway and risk
management solutions provider, and Chexx, Inc., a global remittance payment company,
have joined together to offer simple, fast and affordable outgoing payment remittance and
refunding solutions for FAC’s merchants around the world.
Specializing in issuing and disbursing high volumes of checks and electronic funds transfers
(EFTand ACH) to payees all over the world, Chexx offers convenient local­currency
payments to over 65 countries.
Ideal for merchants who need to send incentives, rewards, refunds, prizes or commissions,
Chexx Inc. issues checks or electronic funds transfers (EFT) in over 30 currencies to
companies or individuals across the globe.
Checks are drawn on major banks in the payee’s home country so they are as easy and
affordable to clear as any other local payment. Local checks do not attract the high fees
normally charged for cashing foreign items – meaning that payees will save the $35.00 or
more they might otherwise be charged for cashing a check (or receiving a wire) from
outside their country.
Once files of remittance information are uploaded to FAC, payments will be issued and sent
on the next business day. Merchants will have secure online access to detailed payment
reports and concise account summaries.
“We are pleased to be able to offer our clients this turn­key, fast and affordable remittance
and refund service,” said Tricia Lines Hill, VP of Marketing and Communications at FAC. “We
have been looking for a suitable refund solution for our merchants in both major and
emerging markets, and this solution fits our clients’ needs. We anticipate the service to be
available through First Atlantic Commerce towards the end of September.”
Rachel Cronin, Business Development Manager of Chexx Europe said: “We are thrilled to
work together with First Atlantic Commerce to offer remittance and refund solutions, and we
look forward to delivering our easy­to­use outbound payment solutions to FAC’s customers
around the globe.”

2. Chexx Inc.’s payment solution is the latest addition to FAC’s suite of payment options.
Through a single integration to FAC, merchants can also access a range of card brands and
payment options including Visa, MasterCard, American Express, PayPal and UKASH.
For more information on this outbound payment solution offering, merchants should contact
info@fac.bm.
About First Atlantic Commerce
First Atlantic Commerce (FAC) is a leading Internet, multi­currency payment and fraud risk
solutions provider. Headquartered in Bermuda, and established in 1998 to create secure
card­based payment solutions for e­businesses, FAC’s cGate® technology offers service,
flexibility and security to adapt to many business and bank acquirer requirements. FAC
provides merchants with multi­currency payment solutions in addition to fraud and data
management services including AVS, CVV2/CVC2/CID, 3­D Secure™ and IP Geolocation in
multiple jurisdictions across Europe, Asia and the Latin American Caribbean Region. For
more information, please visit www.firstatlanticcommerce.com.
About Chexx Inc.
With full service offices in Europe and North America, Chexx Inc. offers robust, easy­to­use
outgoing payment solutions to all major and many developing markets. For over 10 years,
they have worked hand in hand with merchants, affiliate network managers and their
payment partners to extend market reach, create goodwill and ensure brand loyalty by
delivering local­currency payments that are both timely and easy to cash. Chexx Inc.
cheques are drawn on local banks and delivered directly to beneficiaries’ doorsteps in over
65 countries. Electronic funds transfers speed funds directly bank accounts around the
world. For more information, please visit www.chexxinc.com.
Media Contacts
First Atlantic Commerce
Tricia Lines Hill – VP Marketing & Corporate Communications
Tel: 1.441.294.4625
Email: tlineshill@fac.bm or press@fac.bm
Chexx, Inc.
Renée Frappier – Director Marketing & Corporate Communications
Tel: +1 604 689 0399
Email: renee@chexxinc.com