Rick Bigelow, CEO of NewNet, says “We are excited about this new service, which leverages our extensive experience in serving some of the largest payment companies in the world."
CHICAGO (PRWEB) April 17, 2018
NewNet Communication Technologies, global provider of secure transaction transport systems, announced today it will be attending TRANSACT: Powered by ETA, in Las Vegas from April 17 through April 19, 2018. NewNet will showcase its new virtualized payment transaction application, Secure Transaction Cloud (STC), designed for public, private or hybrid cloud use in Booth #643.
Featured in The Nilson Report and available on Amazon Web Services (AWS) Marketplace, NewNet Communication Technologies' Secure Transaction Cloud (STC) empowers Acquirers, Processors, Payment Service Providers, ISOs, FinTech Providers, MNOs, Cloud Service Providers, for cloud-based payment transactions. The STC leverages NewNet’s payment gateway expertise, serving the world’s top processors, telcos, and financial institutions.
“With advanced data security, point-to-point encryption and tokenization for facilitating the end-to-end security of payment transactions, NewNet’s STC offers a highly secure migration path to cloud based infrastructure with virtualized Hardware Security Modules (HSMs) from the costly legacy HSMs and switching hardware,” said Devarajan Puthupparambil, Head of NewNet’s Secure Transactions Division. “We are thrilled to be showcasing this revenue-generating solution at TRANSACT: Powered by ETA, which is under field trial by several payment enterprises around the globe.”
Rick Bigelow, CEO of NewNet, says, “We are excited about this new service, which leverages our extensive experience in serving some of the largest payment companies in the world. The virtualized payment transaction application will allow global payment providers to have a scalable cloud payment solution.”
To learn more about the Secure Transaction Cloud (STC) solution, stop by NewNet’s Booth #643. To arrange an onsite meeting, introductory webex session, or enroll in our free trial please email Devarajan.puthupparambil(at)newnet.com.
About NewNet Communication Technologies
NewNet Communication Technologies is a leading provider of innovative communication and payment solutions. NewNet’s global customer base includes next generation mobile and fixed line networks, secure transaction transport, enabling global telecom operators, acquirers, processors, financial institutions and enterprises to rapidly develop and deploy cutting edge revenue generating applications that deliver feature-rich, value added services. NewNet Secure Transactions (NST) BU offers secure Payment transaction routing, switching, transport solutions. NewNet’s payment systems powers over 25% of all global payment card and digital transactions, worldwide. NST’s latest solution of Secure Transaction Cloud (STC) offers virtualized secure payment applications for transaction transport in cloud with specific Virtual Network Functions for Security, Transaction protocols, P2PE, Tokenization, Host Interfaces, Load Balancing etc. for a wide range of payment types including Internet payments, mobile payments, POS/mPOS based transactions and variety of eCommerce, mCommerce payments with PCI compliant HSMs.