Bank South Pacific Picks Netcetera to Secure Its Digital Paymentsby Fintechnews Switzerland April 12, 2022
Netcetera, a Swiss software company that provides secure digital payments, announced that it has formed a partnership with Platform Pacific (Platformpac), a homegrown fintech subsidiary of Bank South Pacific Financial Group Limited (BSPFGL).
The 3-D Secure solution by Netcetera provides an extra level of security to BSPFLG’s core infrastructure, enabling it to extend the same level of protection to its customers and merchants.
BSPFLG has access to and provides end customers compelling business benefits such as improved conversions, optimised checkout processes, reduced fraud, and protection from fraudulent chargeback liability through the usage of Netcetera’s 3DS server.
3-D Secure is a globally trusted protocol for securing online transactions. It involves links between various components to ensures communication between merchants, issuers and acquiring banks during a CNP transaction.
Netcetera’s 3DS Server supports all new protocol versions and card network requirements, including some of the biggest scheme names, like VISA Secure, Mastercard ID Check, AMEX Safekey, Diners ProtectBuy, UnionPay UPOP/3-D secure and JCB J/Secure.
Belinda Manning, Head of Digital – Design, Development & Operations at BSPFGL said,
“Given Netcetera’s global reach and reputation, it was easy to decide that they are the perfect partner to help us secure the digital payments throughout our operations.
This exciting collaboration opens up new advances in payment around the Pacific.”
Ivan Ong, Senior Business Development Executive at Netcetera said,
“In the case of Bank South Pacific, our goal is to guarantee secure online payments for over 650,000 business banking customers.
Our 3DS server means service availability of 99.95%, measured and reported monthly, and supporting the needs of the bank 24/7.”