HONG KONG, July 30, 2012 /PRNewswire-Asia/ -- AsiaPay Technology, the ePayment technology arm of AsiaPay Group, launched its new product "Xecure3D ACS", being a highly scalable, high-performance access control server (ACS) that supports Visa, MasterCard 3-D Secure standard. It provides online consumers of issuing banks with more secure user-friendly payment authentication mechanism to minimize chargeback and fraud risks while making online payments. And, it also helps issuing banks to address and reduce risks and liabilities associated with online fraudulent payments.
Xecure3D ACS supports both Static Password and one-time password (OTP) authentication options. Besides, it provides a variety of controls and online reportings for issuing banks to effectively manage the cardholder 3D secure registration, cardholder 3D secure status maintenance, 3D Secure payment processing, etc. The system is expandable to support multi-lingual as well as other special card products to meet the needs of banks and consumers in Asia. And, the deployment can be in form of system license as well as outsourced managed services.
Along the continual eCommerce and mCommerce growth, more issuing banks are looking for effective solution to provide their cardholders with more secure online and mobile card payment while minimizing fraud risk exposure to the banks.
"As being a leading ePayment technology player in Asia, we strive to bring to the market cost-effective, advanced, flexible and highly customizable solutions and technologies that address the payment processing needs of financial institutes and consumers," said Joseph Chan, CEO of AsiaPay.
Founded in 2000, AsiaPay, a premier electronic payment solution and technology vendor and payment service provider, strives to bring advanced, secure, integrated and cost-effective electronic payment processing solutions and services to banks, corporate and eBusinesses in the worldwide market, covering international credit card, debit card and other prepaid card payments. AsiaPay is an accredited payment processor and payment gateway solution vendor for banks, certified IPSP for merchants, certified international 3D-Secure vendor for Visa, MasterCard, American Express and JCB. AsiaPay offers its variety of award-winning payment solutions that are multi-currency, multi-lingual, multi-card and multi-channel, together with its advanced fraud detection and management solutions. Headquartered in Hong Kong, AsiaPay offers its professional ePayment solution consultancy and quality local service support across its other 9 offices in Asia including: Thailand, Philippines, Singapore, Malaysia, Mainland China, Vietnam and India. For more information, please visit www.asiapay.com and www.paydollar.com.
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