The new system will give users one of the most advanced payment processing systems currently available.

The launch follows significant investment from Barclaycard, with the new version of ePDQ providing a range of enhanced functions, making it easier for businesses to take, process and manage payments. These enhancements include the provision of a hosted payment page for customers' websites. The payment page can be tailored by the customer to match their website, giving the end consumer a seamless payment experience and helping to reduce the level of abandoned transactions.

In addition, business customers will also benefit from improved fraud screening and risk management, downloadable data for easier data management and reporting, as well as greater flexibility by being able to select the services they require based on their needs, with pricing matched accordingly.

Existing ePDQ users will continue to benefit from their current pricing agreement, along with the added features this upgrade provides.

Eduardo Vergara, Chief Executive Officer of Barclaycard Global Business Solutions said: 'ePDQ plays an important role in the payment processing business and I'm pleased to announce that following significant investment our customers will benefit from one of the best payment processing systems available, offering a wide range of new services that will help our customers meet their business objectives.'

Ogone Payment Services, a strategic partner of Barclaycard, supported the development of the new system and will provide continued operating support for the system after launch.

Peter De Caluwe, CEO Ogone Payment Services said: 'Ogone is proud to be chosen by Barclaycard as operating partner for their new e-commerce system. This reflects our ongoing investments in maintaining a leading services offering.'