ElectraCard Services (ECS), an Indian software provider for electronic payment systems, has introduced a new product under the iTx series, dubbed electraPREPAID 3.0.

The electraPREPAID iTx series is an upgraded version prepaid platform developed by ECS. The iTx series includes electraWIRE, electraVIEW for event based monitoring and electraMAP for interface development with PA DSS security compliant release. The product is able to support multiple prepaid programs, enabling the user to consolidate existing platforms into a single platform.

The electraPREPAID 3.0iTx also features a web enabled back office. Additionally, the product supports multi-currency wallet capabilities and virtual cards.

ECS is a subsidiary of Opus Software Solutions. ECS is a PCI DSS certified Third Party Processor (TPP) for MasterCard and Visa across the issuing and acquiring spectrum of the electronic payments business. The company allows financial institutions, retailers, finance companies and corporations to electronically process any type of payment transaction, including credit, debit, pre-paid, smart cards and ACH.