Euronet introduces Access Control Server Platform in India and South Asia
Euronet Services India Pvt. Ltd, a 100% subsidiary of Euronet Worldwide Inc., a global provider of electronic payment and transaction processing solutions for financial institutions, retailers, service providers and individual consumers, has announced successful launch of its VISA and MasterCard certified online payment authentication Access Control Server (ACS) platform which is available both as a licensed offering or as a hosted service for issuers. Access Control Server facilitates online authentication of the card/instrument holder before the actual online purchase is made. It enables the exchange of data between the merchant, card issuer and, when necessary, the consumer, to validate that the transaction is being initiated by the rightful owner of the account. It is based on 3D Secure protocol, a globally adopted authentication solution designed to make electronic commerce transactions more secure in real time. The Euronet ACS enables users to perform Card-Not-Pre...