LML Payment Systems Inc. provides payment processing solutions primarily to businesses and organizations that use Internet to receive or send payments in Canada and the United States. The company provides electronic payment and risk management solutions for mail-order and telephone-order call-centers, and online merchants and brick and mortar merchants, including government and financial institutions; and offers solutions that enable e-merchants to accept credit card and debit card payments, electronic funds transfers (EFT), and automated clearing house (ACH) payments. It also provides hosted solutions, including a connection between the merchant's Website and its host system that provides the merchant with a shopping cart with secure payment processing for credit cards and debit cards, EFT, and ACH payments; a secure order management interface; multiple currency and shipping options; and reporting and reconciliation tools. In addition, the company offers authentication tools for merchants to reduce the risk inherent in card-not-present credit card transactions; other authentication services that provide information related to the validation of credit card orders and fraud screening of applications by consumers; and various risk management tools. Further, it licenses its intellectual property estate, which includes five United States patents related to electronic check processing methods. Additionally, the company engages in primary and secondary check collection, including electronic check re-presentment. Its check processing services involve return check management, such as traditional and electronic recovery services to retail clients. The company sells its products and services indirectly through channel and technology partners; and directly through its Website and internal sales staff. It serves approximately 10,000 businesses and organizations. The company was founded in 1974 and is headquartered in Vancouver, Canada. LML Payment Systems Inc.
1140 West Pender Street
Vancouver, BC V6E 4G1