Skyview Capital’s NewNet Secure Transactions announces Crypto Currency and Bitcoin Payment Transaction capabilities in Cloud

Posted on: November 2nd, 2021 by NewNet

Industry First Secure Payment Routing Application in Cloud facilitates Crypto Currency transactions for Providers

CHICAGO, Nov. 2, 2021 /PRNewswire/ — NewNet Secure Transactions (NST) is developing innovative payment systems which offer secure crypto currency routing, transfer, translation and conversion capabilities for crypto payment transaction providers.

Krishna Viswanadham, President of NewNet Secure Transactions says, “We are excited by this initiative to offer NewNet’s industry leading cloud based Secure Transaction Cloud (STC) application and on-premises payment routing systems to accept, aggregate and securely route Cryptocurrency payments. This solution can be used by banks, digital wallets, crypto exchanges, Fintechs, and PayFacs and holds a huge potential for future as the world emerges to the CBDC payments driven by respective central banks.”

“NewNet’s STC is currently deployed by leading Acquirers, Processors, FinTechs.  NewNet has partnered with the leading Cloud Service Providers for transformation and cloud migration of payment providers world over”

Matt Thompson, SVP of Skyview Capital, which owns NewNet Secure Transactions says, “We are very excited by the emerging crypto economy. NewNet Secure Transactions is an industry leader in providing solutions for acquiring and processing of global digital payments. We see huge potential in applying our secure digital payments solutions experience towards crypto payments.”

Alex Nascimento, UCLA Blockchain Faculty & Managing Director at 7CC Blockchain Investments says, “I am excited to see institutional financial solution providers like NewNet servicing the crypto industry. We are firm believers that institutional adoption of crypto is the catalyst for mass adoption of digital assets and tools like cloud-based securely routed crypto payments will continue to facilitate the adoption of crypto by Banks, Governments and other traditional institutions.”

NST’s Cryptocurrency payment solution offering will include the following functionality:

  • Route and Transport Cryptocurrency payments
  • Acquiring solution for crypto payments from Wallets at POS, Web/Mobile purchases
  • Concurrent handling of fiat currency and cryptocurrency payments
  • Intelligent routing of cryptocurrency payment to targeted exchanges/service providers
  • Enabling acquirers/processors to allow merchants to accept cryptocurrencies for payments
  • Solution for acquirers/processors to interconnect with cryptocurrency exchanges for real time conversion to fiat currencies

NewNet serves some of the largest payment companies in the world and sees a vital opportunity to expand the solution functionality to offer crypto payment capabilities.

The firm plans on initiating trials with prospects and deploying Cryptocurrency payment capabilities in early 2022.

About NewNet Secure Transactions
NewNet Secure Transactions (NST) 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, 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 with PCI compliant HSMs. STC supports a wide range of payment types including Internet payments, mobile payments, POS/mPOS based transactions and variety of eCommerce, mCommerce payments and enables multiple payment options including Cryptocurrencies, and newer credit offerings with Buy Now Pay Later etc.

More information is available at http://www.securetransactioncloud.com

NewNet is a portfolio company of Skyview Capital www.skyviewcapital.com

For more information, contact:
Devarajan Puthupparambil
VP, Products & Operations NewNet Secure Payment Transactions
Devarajan.puthupparambil@newnet.com  
1 847 977 9099

SOURCE NewNet Secure Transactions

Related Links

http://www.skyviewcapital.com

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 and its Partner Neubits Completes Successful Trial of Secure Transaction Cloud (STC) on Amazon Web Services in Singapore

Posted on: March 19th, 2019 by NewNet

NewNet announces extended availability of its new secure payment transport and acquiring solution, Secure Transaction Cloud (STC), after successful trial in Singapore.

Read more here: http://www.prweb.com/releases/2018/05/prweb15483800.htm

NewNet Communication Technologies announced the successful trial of its new secure payment transport and acquiring solution,Secure Transaction Cloud (STC), on Amazon Web Services (AWS) cloud infrastructure with CloudHSM in Singapore. The trial successfully tested transactions for retail payments, internet payments and mobile payments with Smart POS/mPOS/POS terminals, web payment clients, and POI devices.

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.

“The successful trial of the Secure Transaction Cloud provides acquirers, processors, payment services providers and other payment ecosystem entities in Singapore to confidently plan migration to a private or public cloud infrastructure,” said Devarajan Puthupparambil, Head of NewNet’s Secure Transactions Division. “We are excited to have our new cloud payment application successfully tested in Singapore with Neubits, and look forward to more successes here and in other countries.”

“We are proud to partner NewNet for the completion of a successful trial of Secure Transaction Cloud (STC) in Singapore,” said Albert Png, Managing Director of Neubits.
“NewNet’s new virtualized payment application for the cloud – STC, will certainly benefit the payment industry. We look forward to more collaboration with NewNet in the future.”

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. More information is available at http://www.securetransactionscloud.com

About Neubits
Neubits Pte Ltd is a leading ICT solutions provider offering a comprehensive range of products, solutions and services in security and network infrastructure. Neubits serves a large customer base in the market sectors of enterprise (including banks and financial institutions), government and transport, and service providers. Keeping itself abreast of the latest technological advancement, Neubits is poised to provide the global market with its strategic and ingenious solutions and quality services to support the digital transformation of its customers.
Visit us at http://www.neubits.net

NewNet Communication Technologies Secure Transaction Cloud (STC), Featured in the Nilson Report

Posted on: March 19th, 2019 by NewNet

NewNet’s STC is designed to transport and route high volumes of internet, mobile, and POS/POI payment transactions with P2P encryption and tokenization.

Read more here: https://newnet.com/newnet-communication-technologies-secure-transaction-cloud-stc-featured-nilson-report/

 

CHICAGO, IL . APRIL 13, 2018 — NewNet Communication Technologies, global provider of secure transaction transport systems, announced that its new secure payment transport and acquiring solution, Secure Transaction Cloud (STC), has been featured in the February 2018 issue of the Nilson Report. The Nilson Report, in its 47th year of publication, is the most respected source of news and analysis of the global card and mobile payment industry.

The report highlights NewNet Communication Technologies´ Secure Transaction Cloud (STC) as a virtualized payment transaction application for cloud infrastructure designed to handle the transport and routing of high volumes of internet, mobile, and POS/POI payment transactions with advanced data security, point-to-point encryption, and tokenization.

“We at NewNet are quite excited to have our latest and innovative virtualized payment application for the cloud – Secure Transaction Cloud (STC), to be featured in The Nilson Report”, said Devarajan Puthupparambil, Head of NewNet’s Secure Transactions Division. “STC application incorporates our decades of expertise in the payment domain, and offers the cutting-edge solution for the cloud ready payment industry to migrate seamlessly to the virtualized future with high security, faster speeds and leading performance”.

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 retail location, Internet and mobile payment transactions, and supports usages in public, private, or hybrid cloud infrastructure.

To read the report, click here.

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 Communication Technologies at TRANSACT: Powered by ETA

Posted on: March 19th, 2019 by NewNet

NewNet will showcase its new virtualized payment transaction application designed for public, private or hybrid cloud use at Booth #643.

Read more here: http://www.prweb.com/releases/2018/04/prweb15417260.htm%C2%A0 

 

NewNet Communication Technologies, global provider of secure transaction transport systems, announced today it will be attending TRANSACT: Powered by ETA, in Las Vegas from April 17 through April 19, 2018. NewNet will showcase its new virtualized payment transaction application, Secure Transaction Cloud (STC), designed for public, private or hybrid cloud use in Booth #643.

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.

“With advanced data security, point-to-point encryption and tokenization for facilitating the end-to-end security of payment transactions, NewNet’s STC offers a highly secure migration path to cloud based infrastructure with virtualized Hardware Security Modules (HSMs) from the costly legacy HSMs and switching hardware,” said Devarajan Puthupparambil, Head of NewNet’s Secure Transactions Division. “We are thrilled to be showcasing this revenue-generating solution at TRANSACT: Powered by ETA, which is under field trial by several payment enterprises around the globe.”

Rick Bigelow, CEO of NewNet, says, “We are excited about this new service, which leverages our extensive experience in serving some of the largest payment companies in the world. The virtualized payment transaction application will allow global payment providers to have a scalable cloud payment solution.”

To learn more about the Secure Transaction Cloud (STC) solution, stop by NewNet’s Booth #643. To arrange an onsite meeting, introductory webex session, or enroll in our free trial please email Devarajan.puthupparambil(at)newnet.com.

Not planning to attend TRANSACT: Powered by ETA? Visit our website or 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 Communication Technologies Showcases Revolutionary Cloud-based Secure Payment Transaction Solution at GSMA MWC Barcelona

Posted on: March 19th, 2019 by NewNet
NewNet’s Secure Transaction Cloud (STC) provides new revenue-generating payment services for Mobile Operators, Payment Service Providers to power ecommerce and mcommerce transactions worldwide

 

Read more here: http://www.prweb.com/releases/2018/02/prweb15236709.htm#! 

 

NewNet Communication Technologies is pleased to announce its presence at GSMA Mobile World Congress, the world’s largest mobile industry gathering. NewNet will be exhibiting its powerful cloud-based payment transaction solution, Secure Transaction Cloud (STC), at Booth #8.1K61 in Hall 8.

NewNet’s STC solution is a virtualized payment transaction application designed for public, private or hybrid cloud use. It allows for faster migration to cloud-based infrastructures for a broad spectrum of payment ecosystems, network operators and telecommunication companies. With advanced data security, point-to-point encryption and tokenization for facilitating the end-to-end security of payment transactions, the STC is a highly secure alternative to costly legacy Hardware Security Modules (HSMs) and switching hardware.

Available on Amazon Web Services (AWS) Marketplace, NewNet’s STC empowers MNOs, Cloud Service Providers, and Payment Service Providers for Internet and mobile payment transactions.

The Secure Transaction Cloud (STC) virtualized payment transaction solution is demonstrated at NewNet’s Booth at GSMA Mobile World Congress. The demo will be featured on Spire Payments’ Point of Sale (POS), Smartphones, Tablets and Laptop based transactions conducting mobile and Internet payments.

To ensure seamless migration from legacy infrastructures, NewNet’s STC provides a carrier grade payment solution with a comprehensive set of features and benefits:

  • High security
  • Faster completion of transactions
  • Scalability with rapid creation of additional instances
  • Assured performance
  • Economic deployment with pay per use models
  • Reliability for seamless continuous usage of critical functions

“NewNet’s STC solution enables Mobile Network Operators and Cloud Service Providers with one of the most innovative and advanced payment applications available on the market today. Migration from legacy infrastructures is seamless, we are able to exceed payment security requirements while at the same time realize it significant cost savings.” said Devarajan Puthupparambil, Head of NewNet’s Secure Transactions Division. “This new delivery platform from NewNet presents the MNOs and CSPs with a powerful solution to generate new revenues from the ever expanding mobile and internet payment segments”.

NewNet’s team of experts will be on hand at GSMA Mobile World Congress (Booth #8.1K61) to explain the features of the Secure Transaction Cloud (STC), show demos and discuss successful implementations. To arrange an onsite meeting, please email Devarajan.puthupparambil(at)newnet(dot)com

NewNet’s STC solution can be accessed at AWS Marketplace here:
https://aws.amazon.com/marketplace/pp/B076D9HY55

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 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.

NewNet’s cloud-based transaction transport and routing platform, Secure Transaction Cloud (STC), is demonstrated on Spire Payments POS range at Money 2020 Vegas

Posted on: March 19th, 2019 by NewNet

NewNet’s cloud-based transaction transport and routing platform, Secure Transaction Cloud (STC), is demonstrated on Spire Payments POS range at Money 2020 Vegas

 

Three service models are possible with this virtualized application together with cloud services: Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). Deployed as private, public, hybrid or community cloud solutions, all customer configurations can be accommodated.

In addition to secure transaction routing and transport, the STC solution can accommodate virtualized secure payment applications which reside in the cloud rather than at end-points.

“NewNet’s STC solution enables the acquiring and processing industry with one of the most innovative and advanced payment applications available on the market today. Migration from legacy infrastructures is seamless, while the resulting solution not only exceeds current payment security requirements but also offers significant financial savings.” said Devarajan Puthupparambil, Head of NewNet’s Secure Transactions Division. “This new delivery platform allows NewNet to extend its payment gateway technology to new and existing customer segments.”

TK Cheung, President of Spire Payments, adds, “Spire Payments has worked closely with NewNet for many years and the STC solution perfectly aligns with our medium-term strategy. The natural progression to thin client architectures is now gaining traction with our customers thanks to superior communication capabilities combined with Spire’s POS end points (SP range) which utilise the very latest advancements in payment processing. Working collaboratively, Spire and NewNet can now deliver a cloud-based end-to-end solution which not only exceeds current industry security requirements but provides the ideal platform for future developments in payments.”

If you are interested in discovering more please visit booth #1430 at Money 2020, or contact either NewNet or Spire Payments through their respective websites: http://www.newnet.com and http://www.spirepayments.com

 

About NewNet Communication Technologies 
NewNet is one of the premier global providers of next generation mobile technology solutions offering over 25 years of expertise across four businesses: mobile messaging, payment security, interactive voice communications and broadband wireless. Dedicated to innovation, NewNet provides operators and enterprises with a broad range of solutions that are designed to optimize global communication opportunities. NewNet solutions are available in a variety of applications including on-site, hosted, cloud and managed solutions.

 

About Spire Payments 
Transaction.Interaction.Convergence
In a world of converging technologies in which e-commerce, mobile commerce, and social networks cross over into traditional electronic payment, Spire Payments applies its thirty years of expertise to bring to market innovative, highly secure and future proof devices and solutions that promote seamless payment transactions to all end-points around a user experience that is both interactive and rewarding. Spire Payments, a market leading FinTech payment solution provider, is one of the original pioneers to develop world-class secure electronic payment solutions – from fixed, portable and mobile payment solutions to PIN pads and unattended terminals for integration with cash register systems and self-service kiosks.

Serving market segments ranging from the financial and retail to hospitality and transportation and with offices in Spain, the UK, the Czech Republic, Russia, Jordan and Dubai, Spire Payments is a forward-looking alternative to traditional payment terminal suppliers. With some of the world’s top financial and retail organizations among its customers, the Spire Payments team will always be at the forefront of progress in electronic payments.

 

MEDIA CONTACTS 
NewNet Communication Technologies 
Devarajan Puthupparambil
traxcominfo@newnet.com

 

Spire Payments 
Nigel Dean, Marketing Director
M: +44 (0) 7876 883730
E: nigel.dean@spirepayments.com

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