Authentication & Payment Solution

i-TransAct is committed to providing the best and most comprehensive product suite possible that would ensure the Bank complies with global card association mandates i.e. Visa’s Verified-by-Visa program, MasterCard’s SecureCode and JCB’s J/Secure.

Key Technology components outlined as follows:

Issuer Suite

• Gpayments ActiveAccess (brochure in PDF)

• Gpayments ActiveCheckout (brochure in PDF)

• HSM – Hardware Security Module

Acquirer Suite

• i-TransPay Integrated Payment Gateway (brochure in PDF)

• Gpayments ActiveMerchant – Enterprise edition (brochure in PDF)

For the Bank, our solution translates into several benefits: -

• It is future Proofed.This means that the relevant components of our software will be kept current with the latest levels of the card scheme’s guidelines by Gpayments.

• It is a complete and practically proven solution.. This means that it is a full suite of authentication & authorization products that are available today, and has been implemented in many members’ sites and in several shared service offerings such as MasterCard MOAS service in Sydney and Comtrust in Dubai. It is proven to be scalable, and can support multiple Issuers.

• It supports multi-channel commerce capabilities.. This allows the Bank and its hosted merchants to process payments over multiple channels in addition to the Internet. These additional channels include the Mobile, Interactive Voice Response (IVR), and Call Centres.

• It reduces the chances of frauds.That, in turn, reduces the costs involved in processing them and the chargebacks.

• It improves customer relationships.Our clients can leverage a database of purchasing patterns provided by us to effectively tailor delivery of new services to each specific client at their end.

• It is beneficial to our clients because it is beneficial to their end customers.Cardholders become more confident to make purchases, leading to an increase in the use of credit cards to make payments. That way there is a growth in customer retention and cardholder base. More customers can also be attracted.

• It can increase transaction volume and enhance cardholder loyalty.That is because our customer has an option to partner with online merchants.

• It leads to an increase in revenue.Having multiple channels to process payments, cutting down on the costs to manage frauds, enhancing customer relationships, acquiring more customers, expanding card holder base, increasing transaction volume and enhancing cardholder loyalty leads to a boost in the revenue in the end.

• We at i-TransAct are committed to anticipate and provide the necessary solutions and support required by the Bank and its hosted merchants in the shortest time possible.

• Our client can also reinforce the brand of their merchants on online channels.

  Benefits to Bank Cardholders:

  • 3-tier system architecture
  • Increased convenience in making online purchasesRapid implementation with minimal integration
  • Better shopping and payment experience for consumers system

  i-TransAct’s Authentication & Payment solution will be quickly & effectively implemented either at the bank’s or a trusted third party’s data centre enhancing critical time to market considerations. A rapid implementation will give the Bank the opportunity to seize market share while reducing the risks of dis-intermediation by technology companies, telcos, or other issuers.