Creates new business opportunities for payment service providers and merchants, as well as more secure online shopping for Australian cardholders
Global payments security company Netcetera announced that its 3DS Server has received certification from eftpos, Australia’s go-to payment system for domestic debit and e-commerce transactions. All merchants working with Netcetera, who is represented by their strategic partner G+D in Australia, can have their eftpos transactions authenticated by Netcetera’s 3DS secure suite, enabling faster, cheaper and more secure transaction processing for Australia’s fast-growing e-commerce market.
“eftpos is focused on providing more choice for Australian merchants in payments and committed to continually enhancing transaction security. We’re delighted to provide certification for Netcetera’s 3DS Server.”
eftpos is increasingly playing a pivotal role in Australia’s digital economy. In 2021, eftpos handled two billion transactions on 50 million cards between more than one million point of sale (POS) devices and online transactions.
Latest Fintech News: Barclays Appoints Yuri Shakhmin as a Senior Investment Banker in Europe
Hanspeter Jsler, Managing Director at Netcetera APAC said: “This is great news for our customers active in the Australian market, and demonstrates our commitment to growing our business both in Australia and in South-East Asia. We offer clients industry-leading uptimes and security for transaction processing and look forward to partnering with eftpos to grow our business in Australia. Looking ahead, we hope to secure certification for our card issuing solutions in this important market as well.”
Adrian Lovney, Australian Payments Plus (AP+) Chief Payment and Schemes Officer said, “eftpos is focused on providing more choice for Australian merchants in payments and committed to continually enhancing transaction security. We’re delighted to provide certification for Netcetera’s 3DS Server.”
Latest Fintech News: iPipeline Creates Dedicated Team to Enhance the CX and Help Customers
Across the Asia-Pacific region, Netcetera delivers secure and frictionless payments for customers across 11 markets from offices in Abu Dhabi, the UAE and Singapore. Selected clients in the Asia-Pacific region include LianLian Global (China), Useepay (Hong Kong), VNPay and OPN Payments (Thailand), Midtrans (Indonesia) and Airwallex in Australia.
Netcetera’s acquiring products enable processing transactions with 3-D Secure protocols and PSD2 SCA exemptions, certified with the major card networks and fully compliant with payment industry standards such as PCI DSS and PCI 3DS. Having Netcetera as a partner means issuers and acquirers can easily integrate its secure digital payment products and maintain compliance with government regulations and card network rules. Certification by eftpos is another step in Netcetera’s successful internationalisation strategy, and follows a similar move in February this year when Netcetera was certified by leading Brazilian card network ELO.
Latest Fintech News: Virtusa and Icon Solutions Forge Strategic Partnership to Drive Global Payments Transformation
[To share your insights with us, please write to sghosh@martechseries.com]