Press release from Business Wire India
Source: Steria
Wednesday, December 11, 2013 01:52 PM IST (08:22 AM GMT)
Editors: General: Economy; Business: Accounting & management consultancy services, Banking & financial services, Business services, Information technology; Technology
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PA-DSS Stecard Solution Certification Confirms Steria's Position as a Benchmark Player on the Secure E-Payment Software Market
Noida, Uttar Pradesh, India, Wednesday, December 11, 2013 -- (Business Wire India) -- In brief
Steria's front-office e-payment solution Stecard has just received PA-DSS V2.0 certification, ensuring its clients benefit from the very best in sensitive data protection, particularly for payment cards.
The accreditation makes Steria one of the first market players to be certified as complying with EU bank information security standards - designed to help firms manage transactions as well as combat fraud and data theft.
Steria has received PA-DSS 2.0 certification for its Stecard front-office e-payment solution. The solution captures withdrawal and payment transactions and manages bank authorisations. This accreditation makes Steria one of the first players on the market to be certified under EU bank information security standards, helping companies handle payment transactions and protect against fraud.
One-of-a-kind certification offers Steria clients every assurance of maximum data security
Steria can now guarantee optimum protection of sensitive information for its clients, backed by this new PA-DSS certification - more particularly, payment card information, which will now be encrypted and stored in a single location. Having PA-DSS certification will also make it simpler to carry out work to bring clients' e-payment information systems into compliance with the PCI DSS standard. Steria can now support and assist clients by offering value-added solutions such as encryption and "tokenisation" to protect the confidential data at the heart of information systems.
PA-DSS V2.0 certification provides Steria's clients with every assurance of maximum security when it comes to protecting their sensitive information, and also makes it easier for clients who have chosen this solution to obtain their own PCI DSS certification. To further enhance payment security, particularly for e-commerce and banking, certification also requires it to be possible to prohibit major retailers from recording their customers' card details.
Stecard: a new-generation 'safe' for e-payments
The software package can be used to process front-office e-payment transactions: capturing e-payment transactions including ATM transactions and withdrawals, EFT terminal payments, routing, and authorisation management (on the purchasing side for merchants and the issuing side for bank card holders). Stecard can also manage top-ups on pay-as-you-go mobile phones and travelcards.
This unique and innovative e-payment platform offers participants sustained growth and unbeatable competitiveness as they face the challenges from new entrants into the payment card arena. One of the key advantages of this flexible, agile solution is that it allows new product offerings - designed to build loyalty and expand beneficiaries' customer bases - to be set up very quickly.
To ensure its clients benefit from innovation and the very best support, Steria is increasingly investing in updating and renewing this solution. As a result, it can offer secure payment services that are closely aligned with the latest trends in mobility, contactless payment and biometrics.
"Stecard is one of the most future-proof solutions on the market: capable of handling high quantities of any type of traffic autonomously, with no code input required, and ensuring optimum payment security," said Hervé Deschamps, Steria's Head of E-payment Solutions.
About Steria: www.steria.com
Steria delivers IT enabled business services and is the Trusted Transformation Partner for private and public sector organisations across the globe. By combining in depth understanding of our clients' businesses with expertise in IT and business process outsourcing, we take on our clients' challenges and develop innovative solutions to address them efficiently and profitably. Through our highly collaborative consulting style, we work with our clients to transform their business, enabling them to focus on what they do best. Our 20,000 people, working across 16 countries, support the systems, services and processes that make today's world turn, touching the lives of millions around the globe each day. Founded in 1969, Steria has offices in Europe, India, North Africa and SE Asia and a 2012 revenue of ?1.83 billion. Over 20%(*) of Steria's capital is owned by its employees. Headquartered in Paris, Steria is listed on the Euronext Paris market.
(*): including "SET Trust" and "XEBT Trust" (4.15% of capital)
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CONTACT DETAILS
Sachdev Ramakrishna, Steria, +91 9871715438, sachdev.ramakrishna@steria.co.in
KEYWORDS
ECONOMY, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, IT, TECHNOLOGY
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