Business as usual for first atlantic commerce as hurricane igor moves across bermuda

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No disruption to transaction processing as Igor whips through the island

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Business as usual for first atlantic commerce as hurricane igor moves across bermuda

  1. 1. Business as usual for First Atlantic Commerce as Hurricane Igor moves across Bermuda No disruption to transaction processing as Igor whips through the island Hamilton, Bermuda, September 21, 2010. First Atlantic Commerce (FAC), a Bermuda-based, international, online payment gateway, continued to provide payment processing to its merchants, with no disruption to service, while Igor, a Category One hurricane whipped through the island. Igor moved toward Bermuda as a Category Two hurricane, but weakened overnight and was downgraded to a Cat 1 hours before it was set to hit the island. The storm had maximum sustained winds of 85 mph and brought torrential rain and driving winds to the island. Approximately 80 percent of the island was without power after Igor battered the island on Sunday night. Electricity for most has now been restored with only 4,200 customers without power as of Tuesday morning. Roads have been cleared of debris and the island is operating as normal. FAC’s payment gateway platform is hosted at Cable and Wireless, which is a world class hurricane proof facility and maintains independent power supply. As anticipated, there was no impact to FAC’s payment systems during the storm, and FAC continued to offer payment processing services to internet based customers around the globe. “As in the past with other hurricanes, FAC was able to continue processing without interruption, and our 24 x 7 Emergency Technical Support remained open to our production merchants during the storm,” said Ronnie Viera, FAC’s SVP of IT and Operations. “Our record is a testament to the capabilities and efficiencies of FAC’s team, our telecommunications infrastructure and processing network.” The Atlantic Hurricane Season runs from June 1st to November 30th. About First Atlantic Commerce First Atlantic Commerce (FAC) is a leading Internet, multi-currency payment, merchant accounts and fraud risk solutions provider. Headquartered in Bermuda, and established in 1998 to create secure card-based payment solutions for e-businesses, FAC’s cGate® technology offers service, flexibility and security to adapt to many business and bank acquirer requirements. FAC provides merchants with multi-currency payment solutions in addition to fraud and data management services including AVS, CVV2/CVC2/CID, 3-D Secure™ and IP Geolocation in multiple jurisdictions across Europe, Asia and the Latin American Caribbean Region. For more information, please visit http://www.firstatlanticcommerce.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

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