Unibanks completes second stage of migration to TranzAxis

Wednesday 20 May 2020 13:59 CET | News

Azerbaijan-based Unibank, has completed the second phase of migrating its payment infrastructure to the open development payments platform, TranzAxis, by connecting its in-house processing to Mastercard.

Unibank had previously migrated the processing of its card base from local networks to TranzAxis. To protect itself and its customers from potential security attacks, it had also implemented TranzAxis Fraud Management, which offers Unibank the ability to monitor, detect and prevent fraudulent activity and respond to new fraud schemes.

According to the official press release, Unibank is currently migrating its acquiring network to a new platform and plans to complete the migration of all card and account data.

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Keywords: Unibank, TranzAxis, Azerbaijan, payments , MasterCard, network, TranzAxis Fraud Management, cards, data
Categories: Banking & Fintech
Countries: Azerbaijan
This article is part of category

Banking & Fintech