London, 9 January 2023–(BUSINESS WIRE)–CLOWD9, the world’s first cloud-native decentralized payment processing platform, is a payment security provider and Netcetera, a global software company providing secure and convenient digital payment solutions. partnered with CLOWD9 uses 3D Secure Issuer Service for transaction authentication and Access Control Server (ACS).
Netcetera operates a multi-client capable 3D Secure Issuer service with a state-of-the-art Access Control Server as its core component, which is used by over 200 banks and card issuers worldwide. The company’s 3D Secure Issuer service is an EMVCo® certified product and complies with the EMV 3DS protocol.
3D Secure servers are designed for frictionless and trusted payment processing. From a security perspective, the solution reduces the risk of unauthorized transactions, related refunds, and lost revenue while ensuring a frictionless cardholder experience.
As an issuer processor, CLOWD9 sits at the heart of the global payment system, acting as an interface between banks, fintechs and payment companies, authorizing transactions and initiating payments, and maintaining a system of record for cardholder data. , to provide payment instructions.
CLOWD9 will be able to offer clients around the world a solution that includes a comprehensive set of tools for frictionless payments to enhance the shopping experience for cardholders.
Built entirely in the cloud, CLOWD9 eliminates the need for physical hardware. Its decentralized model enables virtual access to its worldwide platform via “instances,” and payment transactions are routed to the closest cloud instance, providing unmatched reliability. CLOWD9 already has established instances on every continent.
The technology behind the CLOWD9 platform has been designed and built in-house, with open APIs that neobanks and fintechs can take full advantage of to deliver breakthrough customer experiences to their customers. Its platform is uniquely built with a microservices architecture that allows his CLOWD9 to scale up and down according to transaction demand, making the platform more energy efficient and resilient compared to legacy architectures.
CLOWD9 CEO & Co-Founder: Suresh Vagzani: “As a new company at the forefront of payments technology, it is important to work with partners who value innovation equally. Built on CLOWD9, we see Netcetera as a future-oriented solution provider that can meet the unique requirements of a cloud-native payment processor.”
Nesetera England Senior Business Executive Robert Miskin: “We are pleased to partner with CLOWD9 during this important period of business growth. Drive adoption, enhance the overall security of online transactions, and ultimately bring a more efficient and frictionless experience to your end users.“
CLOWD9 Ltd. is the world’s first cloud native decentralized issuer processing platform. Born in the cloud, this platform offers uncompromised, limitless payments technology to the world. Founded in the UK by prestigious payments experts and advised by treasurers and entrepreneurs, his CLOWD9 processes payments for traditional banks, neobanks and fintechs. Its platform architecture is global by design, allowing it to scale quickly, establish quickly in new markets, and serve local payment setups across traditional cards, bank transfers, QR codes, biometrics, or cryptocurrencies. increase.
Netcetera is a global software company providing cutting-edge IT products and individual digital solutions in the areas of secure digital payments, financial technology, media, transportation, healthcare and insurance. Over 2,500 banks and issuers and 160,000 merchants rely on the market leader in payment security for their digital payment solutions and his globally certified 3-D Secure products. A balanced combination of the latest technology and proven standards ensures investment security, from large-scale projects to innovative start-ups. Founded in 1996, Netcetera is a holding company with approximately 1,000 employees, headquartered in Zurich, Switzerland, with offices in Europe, Asia and the Middle East. With a strong track record of industry success, Netcetera is committed to helping businesses and consumers protect themselves from online threats.
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