NewNet Secure Transaction team attending TRANSACT: Powered by ETA

Posted on: March 27th, 2019 by NewNet

The NewNet Secure Payment Transactions team will be attending TRANSACT: Powered by ETA from April 30 – May 2 in Las Vegas, NV.

Powered by Electronic Transactions Association (ETA), the world’s largest payments industry trade group, TRANSACT is the place where financial institutions, networks, payments companies, FinTech and technology innovators gather to learn more on groundbreaking technology, security trends and policy affecting the industry.

If you are interested in setting up an onsite meeting with the NewNet team, please contact:

Bob Alvarez

Bob.Alvarez@newnet.com

832-270-7788

NewNet announces Successful Trial of Secure Transaction Cloud (STC) on Amazon Web Services with its Partner Webcom in India

Posted on: March 19th, 2019 by NewNet

NewNet offers broad payment transaction capabilities in India with its new cloud based secure payment transaction and acquiring solution  Secure Transaction Cloud (STC). 

CHICAGO, IL . NewNet Communication Technologies announces the successful trial of its new secure payment transport and acquiring solution, Secure Transaction Cloud (STC), in India with its Partner Webcom India Pvt Ltd,on Amazon Web Services (AWS) cloud infrastructure with CloudHSM. Transactions for retail payments, internet payments and mobile payments with Smart POS/mPOS/POS terminals, web payment clients, and POI devices were successfully tested as part of the India trial.

NewNet’s Secure Transaction Cloud (STC) provides acquirers, processors, and payment services providers with a scalable transaction transport and routing system that enables fast transaction processing of credit card authorization. The virtualized capabilities allow STC to support a wide range of payment types including all forms of eCommerce and mCommerce payments together with internet/mobile POS/POI payment transactions with PCI standard compliant security utilizing HSMs. STC serves the multi-billion dollar electronic payments market.

“We are excited with the successful trial of the Secure Transaction Cloud(STC) in India, and are keen to have a significant role in the expanding digital payment opportunities in India which is seeing significant growth in payment volumes,” said Devarajan Puthupparambil, Head of NewNet’s Secure Transactions Division. “STC offers major advantages for acquirers, processors, payment services providers planning seamless migration to private or public cloud infrastructure for preparing themselves to handle the huge volume expansion.”

“We are extremely proud to partner with NewNet for the successful trial of Secure Transaction Cloud (STC) in India, where we expect to see huge payment growth in the next several years”, said Pusp Raj Singh, Head of Sales at Webcom India Pvt Ltd. “NewNet’s innovative virtualized payment application for the cloud – STC, holds enormous potential for the payment industry to significantly ease the rapid expansion and high-performance requirements. This application hugely benefits the new entrants entering into the ecommerce and mcommerce payments at this time of unprecedented digital payments growth in India.”

Matt Thompson, SVP at Skyview Capital says, “We are excited that our NewNet portfolio company has launched the Secure Transaction Cloud service. This is a game changer since it allows electronic payments companies to scale rapidly, leveraging cloud security technology. This new service is built on the twenty-plus years of experience NewNet has gained serving some of the largest payments companies in the world.”

Available on Amazon Web Services (AWS) Marketplace, NewNet’s Secure Transaction Cloud (STC) supports usages in public, private, or hybrid cloud infrastructure with advanced data security, point-to-point encryption, and tokenization.

Visit Amazon Web Services (AWS) Marketplace anytime to get started with a free trial.

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. NewNet is a portfolio company of Skyview Capital. More information is available at www.securetransactionscloud.com

About Webcom India Pvt Ltd.

Webcom India Pvt. Ltd. was incorporated in 1992 and was the sole distributor of Hypercom   payment system products in India. Webcom sold and provided local marketing, consulting & support and training services for payment products in India for more than 20 years. This included POS terminals, Pinpads, Network Controllers and software solutions that were used by all leading companies in the Payment Systems space in India and Nepal. Its clients list includes leading acquirers, transaction service providers, telecom network providers, major issuers and processors etc in India and Nepal. Webcom has partnered with NewNet Communications Technologies, a leading global provider of Payment Solutions to help companies participate in the digital payment space by offering them secure, cost-effective and innovative solutions.

For more information contact pusprajsingh@webcomind.com, mobile: +91 98183 10663

NewNet Communication Technologies exhibiting at Midwest Acquirers Association: MWAA Conference 2018

Posted on: March 19th, 2019 by NewNet

NewNet will showcase its new virtualized payment transaction application, Secure Transaction Cloud (STC), designed for public, private or hybrid cloud use in G21.

NewNet Communication Technologies, global provider of secure transaction transport systems, announced today it will be attending Midwest Acquirers Association’s 2018 MWAA Conference#MWAA2018 will be held at the Chicago Marriott Downtown Magnificent Mile, July 25-26, 2018.

 

NewNet will showcase its new virtualized payment transaction application, Secure Transaction Cloud (STC), designed for public, private or hybrid cloud use in G21.

 

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.

 

Not planning to attend #MWAA2018? Visit our website or Amazon Web Services (AWS) Marketplace anytime to get started with a free trial of NewNet’s Secure Transaction Cloud (STC).

NewNet Communication Technologies Announces Global Availability of Secure Transaction Cloud (STC) Payment Solution

Posted on: March 19th, 2019 by NewNet
NewNet’s STC is a virtualized payment transaction application designed to provide payment providers with a secure cloud based payment handling application, vital for transporting high volumes of internet and mobile payment transactions.

 

Chicago, IL Feb 20, 2018 — NewNet Communication Technologies, the global provider of secure transaction transport systems announced the global availability of the secure payment transport and acquiring solution – ‘Secure Transaction Cloud (STC)’ for cloud access. NewNet’s STC is a virtualized payment transaction application designed to provide payment providers with a secure cloud based payment handling application, vital for transporting high volumes of internet and mobile payment transactions.

NewNet Communication Technologies STC solution is a cloud-based secure payment acquiring and transport application with advanced data security, point-to-point encryption and tokenization for facilitating the end-to-end security of payment transactions. It allows for faster migration to cloud based infrastructures for a broad spectrum of payment ecosystems, network operators and telecommunication companies.

Backed by AWS CloudHSM, NewNet’s STC solution runs on AWS. With AWS CloudHSM’s advanced encryption and hardware security capabilities, NewNet’s STC gives customers a cloud payment application for scalable, resilient and high-speed payment handling.

“NewNet’s STC solution provides the payment industry with one of the most innovative and advanced payment applications in a high security cloud for seamless adoption and major economic advantage,” said Devarajan Puthupparambil, Head of NewNet’s Secure Transactions Division. “The virtualized payment and security functions of STC operating on secure, highly capable cloud infrastructure provide much needed performance and security for payment transactions.”

Spire Payments, a leading Fintech Solution provider throughout Europe and the Middle East and a NewNet Partner, has successfully implemented the STC solution on its endpoints. Spire Payments will be presenting at Merchants Payment Ecosystem (MPE) 2018 in Berlin (20-22 Feb), while also exhibiting their entire range of endpoints and software solutions at stand P14.

NewNet’s STC is available in all major global regions for public, private or hybrid cloud based usages, based on specific customer requirements for ecommerce, mcommerce or in-store based POS/mPOS payment handling. NewNet’s STC solution on AWS and can be accessed here: https://aws.amazon.com/marketplace/pp/B076D9HY55

If you are interested in learning more about NewNet’s STC or if you are attending MPE 2018 in Berlin and would like to discuss the STC solution, visit the Spire Payments’ stand P14, or contact NewNet at http://securetxncloud.com.

Additional Resources

 

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.

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