SUNNYVALE, CA -- 07/09/07 --
Arcot Systems, a leading provider of secure
e-payment and authentication solutions, today announced that SafeCharge, a
leading international payment service provider, has selected Arcot's
TransFort online payment security solution to support their implementation
of Verified By Visa(TM), MasterCard® SecureCode(TM) and JCB J/Secure(TM).
"Deploying Arcot's TransFort 3-D Secure Solution, will provide our
cardholders and merchants a powerful and well tested technology to verify
and protect their identities when shopping online," said Mr. David Avgi,
CEO of SafeCharge International. "We chose Arcot because of the company's
proven leadership in providing banks and online merchants with a
technologically superior solution for online payment security."
SafeCharge's new online payment security is based on a globally established
standard called 3-D Secure, marketed as Verified By Visa, MasterCard
SecureCode and JCB J/Secure(TM). Around the world, banks and e-merchants
rely on this solution to protect payment accounts with a customer-created
password that must be presented when paying online. Arcot co-developed,
with Visa, the 3-D Secure application and is the leading technology
provider now protecting more than 17 million payment accounts, 11,000 banks
and 100,000 merchants worldwide. 3-D Secure programs are designed to bring
the same level of security to Internet shopping as is available in the
physical world by confirming to participating e-merchants that the online
buyer is the actual cardholder.
"SafeCharge is a well-known and rapidly growing international payment
service provider and Arcot is proud to have such a leading company choose
the TransFort solution," said Elis Nemes, vice president Europe, Middle
East and Africa for Arcot Systems. "SafeCharge's e-merchants will now be
able to offer their customers a possibility to shop with greater confidence
on the Internet knowing that their payment accounts are better protected."
About SafeCharge
SafeCharge commenced its activities in 2000, in response to the emerging
need by the e-commerce world for a reliable and secure online payment
system. SafeCharge industry experts developed an online fraud detection
platform to protect merchants from the risks they were exposed to in the
card-not-present environment of the Internet.
Today, with subsidiaries worldwide, SafeCharge is PCI certified and an
international leading payment service provider -- integrating high-end
payment gateway services with one of the most powerful online fraud
prevention solutions available today.
Combining over seven years of industry expertise and technological
know-how, SafeCharge provides e-merchants of all online industries with a
complete set of secure payment solutions and services. Through SafeCharge's
well-established banking relations with leading acquiring banks worldwide,
merchants are able to acquire numerous direct merchant accounts without the
tumultuous process of applying for new accounts with different payment
providers -- all this within minimal time at globally competitive rates.
For more information, visit http://www.safecharge.com
About Arcot Systems
Arcot Systems is a leading provider of risk-based authentication, strong
authentication, digital signing and cardholder authentication solutions.
The company makes online transactions safe for millions of customers by
blocking fraud and protecting access. Arcot technology defends against
Internet threats including phishing, man-in-the-middle and spyware. Its
100% software authentication solutions eliminate the need for hardware
tokens and complex login processes providing customers with strong,
PKI-based authentication with the simplicity of a username/password
interface. Arcot offerings are compliant with U.S. and international
standards including 3-D Secure, IdenTrust, SAFE and FFIEC Internet Banking
Authentication recommendations. For more information, visit
http://www.arcot.com.
Arcot, Arcot WebFort and ArcotID are registered trademarks of Arcot Systems
Inc. All other trademarks are the property of their respective owners, and
are used for identification purposes only.
Contact:
Arcot USA:
Kathleen McVey
Arcot Systems Inc.
+1 408-969-6202
Email Contact
Arcot UK:
Arcot International Inc.
Sheila Thomas
+44 (0) 1344 668 280
Email Contact
SafeCharge International:
David Avgi
+359 2 489 50 90
+359 8999 000 12
Email Contact
