eCompany Launches Authenticated Payment Solution

Monday 17 January 2005 10:13 CET | News

Etisalat Business Unit eCompany has enabled customers to complete all their online credit card transactions with Etisalat on its portal in a completely secure environment thanks to the new authenticated payment feature supported by Visa and MasterCard.

The new payment protocol is an authenticated payment environment that requires the participation of the card-issuing bank whereby the cardholders need to be registered for using the feature with their relevant bank. For etisalat4me and other merchants, the implementation of this new authentication protocol supported by Visa and Mastercard would lead to a decrease in disputed transactions. The process of integration into their back end systems would also be relatively smooth due to the ease of implementing only a software plug-in which is provided by eCompany.

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Categories: Payments & Commerce | Payments General
Countries: World
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