Protection Program, Multi-Currency Residuals and Upfront Signing Bonus
HAMILTON, BERMUDA -- (MARKET WIRE) -- November 28, 2006 -- First Atlantic Commerce Ltd (FAC) is offering their referral program marketing representatives protection from losing merchants, immediate income with upfront sign-on bonuses, and lifetime, profit-building residuals in multiple currencies.

FAC, a leading eCommerce payment solutions provider, provisions solutions for merchants wanting to establish direct banking relationships in the Latin American Caribbean Region (LACR), Bermuda and Europe to facilitate secure, multi-currency credit card transactions.

This week, the company unveiled an expanded merchant referral program -- unique to the offshore eCommerce industry -- in its 'Protection' feature, which enables marketing representatives to better manage their merchant relationships, and assists with preventing them from losing merchants via circumvention.

Also new to the merchant referral program is an up-front signing bonus, whereby qualifying agents can earn up to $300 for every new, bank-approved, signed deal. As well, they can earn multi-currency commissions in euros, British pounds and US dollars, and maximize their margins by uplifting the various buy rates offered on a per-deal basis by FAC's partner banks.

The Bermuda-based payment solutions provider offers merchants true offshore solutions through presentment and settlement in multiple currencies via multiple acquirers and multiple jurisdictions around the globe. As well, FAC can architect strategic, custom payment solutions based on merchant needs.

FAC pays out residuals to merchant referral representatives monthly, and offers special incentives when large mainstream merchants go live with one of the company's direct bank account solutions.

Referral program marketing representatives can also earn per transaction fees on FAC's exclusive pre-authentication services, which are open to all merchant types and can be easily and quickly implemented alongside pre-existing gateway services. (FAC's pre-authentication card solutions, known as AV-yeS, provide Address Verification Services on US cardholders, and are ideal for merchants needing to pre-screen consumer transactions.)

FAC provides marketing support for all of the company's solutions and dedicated relationship managers to work closely with each merchant referral representative, ensuring residual income is maximized for every deal.

According to FAC Vice President of International Business Development, Glyn Hoskins-Turner, "FAC's merchant referral program is ideal for representatives looking to place existing, large international merchants, who need additional processing capacity. Our program also offers marketing representatives the possibility of expanding their existing merchant portfolios, into the offshore space through education and collaboration with the FAC team, who will work closely with reps to ensure they are fully equipped to be able to up-sell all our direct merchant account solutions."

Further details on FAC's merchant referral program and online credit card payment processing solutions can be found at the company's web site -- www.firstatlanticcommerce.com.

About First Atlantic Commerce

Headquartered in Bermuda and established in 1998 to create secure, card-based payment solutions for e-businesses, FAC provides powerful technology designed to work with most merchant platforms, including Microsoft®, UNIX, and LINUX platforms. FAC's cGate® technology offers service, flexibility and security to adapt to many business and bank acquirer requirements. Business solutions such as 3-D Secure(TM) Payer Authentication, Virtual Corporations and offshore multi-currency payment solutions are available in various offshore jurisdictions.

For further information please contact:
Mrs. Glyn Hoskins-Turner
Vice President, International Business Development
First Atlantic Commerce
Tel: 001 441 294-4624
E-mail: ghoskinsturner@fac.bm