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Chicago, Illinois - (Cheap Web Hosting Directory) - Chicago web hosting and managed services provider, Hostway Corp., has introduced a new toolfor its customers that will provide their online shoppers with a sense of confidence andsecurity while shopping on their online stores.

Hostway has partnered withCardinalCommerce, a provider of services for securing electronic and wirelesscommerce, to offer Verified by Visa and MasterCard SecureCode to ecommercehosting customers who use Hostway’s Merchant Manager shopping cart.

Verified by Visa and MasterCard SecureCode are rapidly growing programsthat offer an extra level of protection to enrolled Visa and MasterCardcardholders. This is achieved by requiring them to enter a password or PINwhen making online purchases with participating merchants.

John Lee, Vice President of Marketing at Hostway, ”Hostway strives to offer innovative products to our customers that help make their online businesses more successful. Running an efficient, secure online shopping experience for their customers should be a priority for any merchant and we are excited to partner with CardinalCommerce to offer just that to our customers.

The fraud protection programs benefit both merchants and their customers. It’s 100% free for cardholders to enroll in these programs through Visa and MasterCard, and provides consumers the reassurance that even if their credit card number is stolen, it cannot be used for fraudulent purchases on participating ecommerce sites.

Merchants that choose to participate will benefit from a nearly 70% reduction in chargebacks that stem from disputed (often fraudulent) charges. This benefit of ‘chargeback blocking’ is automatic, and protection applies to both US and international transactions.

”Sites that offer Verified by Visa and MasterCard SecureCode are very attractive to customers because they add an extra level of security to online purchases. It also reflects well upon merchants because offering these programs indicates that they care a great deal about their customers’ welfare,” said Kendall Myles, Senior Vice President of Merchant Services at CardinalCommerce.

For more information about Hostway Corporation, please visit: www.hostway.com.

To learn more about CardinalCommerce, please visit: www.cardinalcommerce.com.

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