According to Business Standard, in addition, the company plans to set up a transaction processing centre in the US.
The FSS has set up its own processing centre in Dubai in April 2019 at an outlay of USD 5 million.
According to the company, there is demand for enhanced security with the PSD2 as part of the European Commissions efforts to create a safer, more innovative payments environment in Europe. FSS has bagged an order from QRails for its 3DS 2.0 solution enabling frictionless payments.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now