European e-payments processor, Failsafe Payments, is expanding its CertoPay solution to online merchants resident in countries where businesses acquiring banks evaluate on risks scale as low and medium risk (view press release). CertoPay allows merchants to implement the acceptance of electronic payments on their websites. The solution had initially been available for merchants with all types of business but registered only in the Visa EU area and MasterCard SEPA. Internet merchants, regardless of country of registration, will now be able to accept payments on their websites and use all features and services that CertoPay provides.

"Today we have very good conditions for provision of processing services to the merchants with low and medium risk business, registered in any jurisdiction in the world, including offshore zones. As for clients whose business acquirers refer to high risk, only merchants’ residents of Visa EU area and MasterCard SEPA can get connected to CertoPay processing platform," said Alexander Mihailovski, MD of Failsafe Payments East Europe.