State Bank of Mauritius Implements Trintechs PayWare MPI

Tuesday 2 December 2003 23:25 CET | News

State Bank of Mauritius (SBM), has implemented PayWare MPI to provide payment authentication to SBM merchant customers under the Verified by Visa and MasterCard SecureCode programs for Internet payments.

SBMs existing PayWare eCommerce environment includes Trintechs PayWare Acquirer Internet payment gateway, which securely processes card payment transactions on behalf of SBM web merchants. With the addition of PayWare MPI, SBM merchants will benefit immediately by offering Verified by Visa and SecureCode authentication services to their customers, giving them instant protection from online fraud losses. The inability to identify the cardholder is a major cause of Internet card fraud. PayWare MPI uses the 3D secure protocol. This protocol permits issuing banks to confirm a cardholders identity by requiring the cardholder to enter a password at the time the transaction is processed, in the same way that a signature is required when shopping in the high street. As part of the implementation project at State Bank of Mauritius, PayWare MPI successfully completed certification and interoperability testing with Visa International. PayWare MPI is a standalone Merchant Plug-In that supports 3-D Secure that can both complement Trintechs existing PayWare Acquirer payment gateway, or can be used independently by an acquirer with an existing in-house payment gateway.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce