India PRwire
2012-01-11
ElectraCard Services (ECS), a leading electronic payments solution provider, today announced the launch of electraPREPAID 3.0 under next generation product iTx series.
January 11, 2012 /India PRwire/ -- ElectraCard Services (ECS), a leading electronic payments solution provider, today announced the launch of electraPREPAID 3.0 under next generation product iTx series.
The electraPREPAID iTx Series is an enhanced version developed on modern technology platform providing cost efficient, high performance, change management friendly and secure prepaid platform. iTx series offers a feature rich, best in class product with integrated middleware electraWIRE, electraVIEW for event based monitoring and electraMAP for faster interface development with PA DSS security compliant release. The product is designed to support multiple prepaid programs, enabling the user to consolidate existing platforms into single platform catering all needs.
A seamless integrated middleware electraWIRE ensures higher performance and reduces maintenance cost of third party middleware. electraMAP provides competitive edge to its users by ensuring faster go-to-market with off the shelf-Interfaces and inherent interface building capabilities. This version comes with web enabled back office that provides rich user experience and freedom to access from anywhere. Superior processing capabilities of this series enables customers to scale to the growing needs without additional infrastructure cost. The product is also functionally enhanced to support multi-currency wallet capabilities and virtual cards.
Mr. Prashant Menagawade, Head Product Management and Engineering, ElectraCard Services said, "Prepaid card business is an extremely dynamic and a highly competitive space, where the ability to innovate & quickly deliver to the market are the key factors to gain a competitive edge. Hence it is imperative that we facilitate the process of delivering a technology platform which enables the financial institution safe and faster transaction processing, also address the need of scalability, adaptability and cost effectiveness. electraPREPAID iTx series is designed to offer all this leading to next generation payment platform ."
Source: Press release distribution via India PRwire
Notes to Editor
About ElectraCard Services
ElectraCard Services, a subsidiary of Opus Software Solutions, provides third party processing services for credit and payments management across the world. ECS is a PCI DSS certified Third Party Processor (TPP) for MasterCardŽ and VISAŽ across the issuing and acquiring side. Its deep domain knowledge, extensive global experience and cost effective solutions address the speed to market and flexibility challenges of today's market.
ElectraCard Services enables financial institutions, retailers, finance companies and corporations to electronically process, in real-time, any type of payment transaction, including credit, debit, pre-paid, smart cards, and ACH. In addition to typical back office processing, ECS also offers ecommerce gateway and switching solutions. Its solutions support multiple institutions, multiple currencies, and varying processing requirements on a single platform.
By providing comprehensive and flexible solutions that can be deployed to a market of one, ElectraCard Services offers unmatched services and solutions.
www.electracard.com
ŽMasterCard is a registered trademark of MasterCard International, Incorporated.
ŽVISA is a registered trademark of VISA International Service Association.
electra is under trademark and copyright by ElectraCard Services.
For more information, please contact:
Shyamli Shinde (Branch In Charge) (L) 25882824, (M) 9860710142
