News

Saudi Arabia: Skyband selects NewNet for its TraxcomSecure portfolio

Wednesday 25 January 2012 15:09 CET | News

Saudi Arabia-based payment services provider Skyband has selected US communication services provider and transaction processor NewNet for its TraxcomSecure portfolio of dial, IP and mobile payment products.

NewNet’s payment processing product portfolio provides transaction processing across dial, broadband and mobile access technologies with its Total Control 1000 (TC1000) and AccessGuard (AG) platforms.
Under the agreement, the TC1000 and the AG500 systems are set to be deployed at several points of presence to meet the requirements of Skyband’s payments network.

The NewNet TC1000 Trax 2.5 System provides solutions for dial-based carrier class transaction network services to service providers, merchant acquirers and payment processors. The payments platform provides software which allows transaction processing of credit card and debit card authorizations, fund transfers and other.

The NewNet AccessGuard platforms provides end-to-end security features for mobile and broadband internet payment transaction processing, including SSL acceleration and offloading, digital certificates and DUKPT powered encryption and decryption. Services such as NFC payments, mobile wallet, Smart Cash and mobile money transfers can be delivered using the AccessGuard platforms.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Skyband, NewNet, TraxcomSecure, Total Control 1000, AccessGuard
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events