VNPAY chooses Netcetera to accelerate payment security

An e-commerce payments gateway in Vietnam

Payment Service Provider VNPAY, otherwise known as the Viet Nam Payment Solution Joint Stock Company, has partnered with Netcetera to secure payments and authenticate users using the Netcetera 3-D Secure Server solution.

PSPs, merchants and acquirers want to reduce the risk of non-authenticated transactions, and minimize the associated business disruption and lost revenue. Simultaneously, they want to offer a frictionless customer journey and cardholder experience to online shoppers. Finding the balance between security and seamless convenience can be a challenge.

 

To balance both needs, VNPAY turned to Netcetera’s proven, stable and high-quality 3DS Server solution. Netcetera, a market leader for 3DS and digital payment solutions, offers certified products for 3DS payment processing, and promotes secure and frictionless consumer authentication.

 

VNPAY is implementing the network-certified and PCI-ready Netcetera 3-D Secure Server solution, becoming one of the first established payment service providers in Vietnam to opt for European standards and Swiss quality.

 

Mr. Le Tanh, General Director of VNPAY, says: “During our evaluation, Netcetera stood out as a partner due to product and service quality, and the fact that their solutions have proven themselves in the field throughout Europe and beyond. We believe their 3DS server to be the most reliable and viable product to support secure, yet fast and convenient, transactions for our clients. The smooth and efficient implementation was living up to expectations with Netcetera’s professional support.”

 

Netcetera’s 3-D Secure Server operates as a SaaS, where the Netcetera team handles key updates and ensures continuity of service. Kiril Milev, Managing Director of Netcetera’s location in Singapore, says: “We want to bring value and benefit to the payments industry, creating a perfect balance between convenience, security and speed to create seamless experiences that drive e-commerce payments forward. We are delighted that VNPAY believes in the value we bring to the table, and has chosen us a partner in implementing a secure, flexible and reliable 3DS solution that will in turn benefit their teams and clients.”

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