Vietnam Payment Solution Joint Stock Company (VNPAY) is a leading company in the market of Electronic Commerce in Vietnam with the core business of Finance - Banking. VNPAY currently provides e-Commerce services for more than 40 banks, 05 telecommunications companies and nearly 100,000 large and small enterprises. At present, VNPAY develops a service ecosystem for banks, and other payment services, connecting with a large number of merchants on a solid technological basis according to international security standards. With the message "Simplify your life", VNPAY hopes to cooperate with partners, develop utility products and services, change users’ habits, promote e-Commerce expansion.
Reducing the risk of non-authenticated transactions and minimize the associated business disruption and lost revenue. PSPs, merchants and acquirers want to reduce such a risk. 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.
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.
Netcetera’s 3-D Secure Server operates as a SaaS, where the Netcetera team handles key updates and ensures continuity of service. Cooperation with Netcetera is to secure payments and authenticate users using their 3-D Secure 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.
"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."
“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.”