Keeping a delicate balance between convenience and safety is essential for the success of the e-commerce industry. While customers want transactions to be as smooth as possible without compromising their data, merchants want to ensure equally stringent security against fraudulent activities.
A payment gateway with the EMVCo certification empowers both parties in this equation.
What is EMVCo 2.3 certification?
EMVCo, a consortium of leading organizations and institutions from the payments industry, establishes technical standards for global interoperability. Their technology for encrypted online transactions is known as EMV 3-D Secure (3DS). EMV 3DS 2.3, the most recent version, improves the identification procedure while also making it more secure.
EMVCo 2.3 certification for FSS Payment Gateway
We're excited to announce that FSS Payment Gateway is now EMVCo 2.3 certified.
This latest certification brings significant improvements over previous versions 2.2 and 2.1, enhancing both user experience and security.
- Enhanced user experience: The new data elements introduced in EMVCo 2.3 streamline frictionless transaction authentications, making the payment process smoother and faster for users
- Secure Payment Confirmation (SPC): This new authentication method includes device binding, which not only enhances security but also improves user experience and helps in fraud prevention
- Operational Request (OReq): OReq is a new network message that improves network management by providing timely notifications. It benefits major schemes like VISA and Mastercard, ensuring better operational efficiency
The EMVCo 2.3 certification signifies FSS Payment Gateway's commitment to a secure and frictionless payment experience. For merchants, it translates to reduced fraud, happier customers, and a competitive edge. As e-commerce continues to evolve, the EMVCo 2.3 certification paves the way for a more secure and convenient future.
Maintaining relevance with the digital industry
The e-commerce sector is expanding at a breakneck pace; it is up to the digital payments sector to keep up with its rising needs. Without digital payments playing a big part, the next explosion in digital commerce cannot be sustainable. Payment processors must therefore provide dependable and innovative services.
Now powered by FSS BLAZETM, FSS Payment Gateway guarantees dynamic scalability for companies of all kinds. With the capacity of processing up to 10,000 transactions per second (TPS) on demand, the payment gateway exhibits amazing resilience during peak hours for banks and merchants. FSS BLAZETM guarantees flawless and affordable management of our payment gateway, therefore optimizing the allocation of resources in infrastructure.
The next major tech in payments
Built on a strong microservices architecture, BLAZETM is a payments technology platform providing flawless integration, consistent performance, and easy integration. Reimagining payment limits, supporting data-driven decisions and guaranteeing security at every level is how FSS BLAZETM helps modern-day processors and businesses.
With multi-channel, multi-currency, multi-payment capabilities, FSS Payment Gateway increases merchant reach. It also gives businesses standing instructions, QR codes, and payment links access to receive payments.
Riding the internet wave
All things considered, India's e-commerce sector is a dynamic entity changing retail's rules. Given its great possibilities, it offers a compelling environment for development and invention. The success of the sector will be tightly linked with the always shifting digital payments scene.
With the possibility to transform millions of consumers' shopping, connecting, and experiencing of the world of commerce, Indian e-commerce surely has a bright future. Use FSS Payment Gateway and join this revolution.
Click here for further information about FSS Payment Gateway.
