Request for

Send us an email

Valid XHTML 1.0 Transitional Valid CSS!

Abstract Technology as a committee member of Direct Response Forum Europe (DRF EU).

Event: DRF EU 2008 in Brussels, Belgium.
Date: Monday 18th and Tuesday 19th May, 2008
Venue: The Metropole Hotel, Brussels, Belgium

Direct Response Forum has been formed to provide a networking forum and hub for European Direct Marketers and Customer Non Present merchants to interface with credit card companies and other payment related systems.

The DRF Europe is a not-for-profit organization led by Customer Not Present (CNP) merchants aiming at sharing knowledge, networking and discussing areas and topics of mutual benefit in the consumer payments, service and fulfillment space. It is an extension of the Direct Response Forum in the United States, originally formed in 1990 by a group of direct marketers interested in developing and maintaining communications and relations between direct marketing companies and the credit card associations. Since its inception, the DRF has provided a unique open forum enabling merchants and the main actors of the payment industry to exchange and learn on all aspects of payment acceptance, processing and industry best practices.

Why was the DRF Formed?

CNP merchants deal with a very distinct set of issues related to consumer orders and payments for their goods and services. These include:

  • CNP merchants have more expensive cost of sales.
  • CNP merchants have complex customer service and fulfillment systems.
  • CNP merchants are subject to a strictest standard by credit card associations and payment regulators.
  • CNP merchants do not have a voice in payments' rule making or product development process.
  • CNP merchants individually have difficulty evaluating and assessing new payment related products and services.
  • By providing CNP merchants with a venue to exchange views, share best practices, discuss technologies and payment related products, it is expected that merchants will discover ways to work together to influence the direction of the operational supply chain and payments industry.

    Rupert Lung, Managing Director of Abstract Technology, was invited to be a committee member to attend the forum under DHL EU and was delivered the merchant experience in their European online payment solution to be held on Monday afternoon, 18 May.

    More information about the DRF Europe can be found at: http://www.cnppf.org

    For further information please email to: [email protected].

    < Back >

     

    Home | Contact us | Site map | Terms of use | Privacy | Resources | Newsletter subscription | FAQ
    © 2004 - Abstract Technology Ltd. Online Payment Enabler & Offshore Outsourcing System Development