Pune,Electra Card Services (ECS), a leading electronic payments solution provider today announced that it has received Payment Application Data Security Standard (PA-DSS) certification from the Payment Card Industry (PCI) Security Standards Council for its leading solution- electraSWITCH™.
electraSWITCH is a new generation EMV compliant EFT authorization and routing switching solution that seamlessly bridges real world and virtual payment channels. It provides financial institutions with an open platform based high availability solution to deliver services through ATMs, Kiosks, Bunch Note Acceptors, Cash Deposit Machines, POS, Internet, Telephone, and Mobiles.
PA-DSS is a comprehensive data security standard intended to help organizations proactively protect customer data through requirements for security management, policies, procedures, network architecture, software design and other critical protective measures. PA-DSS provides a framework to develop secure payment applications that ensure compliance with the PCI DSS.
Mr. Ramesh Mengawade, CEO, ElectraCard Services said, At ECS we continually invest in and explore new ways to service and expand the quality and security of our solutions through commitment to product development and innovative payment solutions. The PA-DSS certification acknowledges our efforts.
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About ElectraCard Services
ElectraCard Services, a wholly owned subsidiary of Opus Software Solutions, provides business critical applications and third party processing services for credit and payments management industry across the world. ECS is a PCI DSS certified Third Party Processor (TPP) for MasterCard® and VISA® 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 todays 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.