News from the Wire

First Atlantic Commerce supports CUC PowerPay online bill payments

Tuesday, September 27, 2016 — 14:37:34 (EDT)

Bermuda and Grand Cayman, The Caribbean, Sept. 27, 2016 - First Atlantic Commerce (FAC), a global payment gateway that specializes in the Caribbean, and Caribbean Utilities Company, Ltd. today announced a payments partnership that will provide a convenient and secure online bill payment option for CUC customers.

By selecting FAC’s comprehensive payments platform, CUC customers can now pay their electricity bills online through the PowerPay platform. They are also able to take advantage of PowerPay’s simplified auto-pay bill pay solution as a result of tokenization services offered by FAC.

Payments made on PowerPay are reflected on the customer’s CUC account(s) near real-time.

CUC integrated to FAC’s platform last year to enable online Visa and MasterCard processing for their customers. The service started with a soft launch and has grown to become a popular, time saving bill payment solution with CUC customers.

“Our collaboration with FAC supports our PowerPay online billing platform, which is one of the most convenient bill payment options for CUC customers,” said Wayne McKenzie, CUC,’s IT Manager. “We selected FAC for their secure tokenization and vault services, and proven payment processing experience in the region.”

“Our unique capabilities enables us to deliver utility companies a comprehensive payment solution and we are proud to work with CUC on this project,” said FAC CEO, Chris Burns.

About First Atlantic Commerce First Atlantic Commerce (FAC) is a leading global, online payment 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 risk management services including AVS-only, CVV2/CVC2/CID verification, 3-D Secure™ and Kount’s fraud control system, in multiple jurisdictions across Europe, Mauritius and the Latin American Caribbean Region. For more information on First Atlantic Commerce, please visit www.firstatlanticcommerce.com .

About CUC Caribbean Utilities Company, Ltd. (CUC) operates the only public electrical utility in Grand Cayman, Cayman Islands. The CUC currently has 211 employees, 90% of whom are Caymanian, and is structured in four divisions: Executive, Financial, Production and Transmission and Distribution. CUC relies upon diesel generation to produce electricity for Grand Cayman. For more information, please visit: www.cuc-cayman.com .

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Source: Company press release.