Digital card, wallet payment transactions volume as per the industry report has crossed over 800 Billion transactions globally for the year 2023 corresponding to transaction values over $45 Trillion annually. While there is tremendous shift in payments to mobile device based and mobile POS based transaction, industry still has the legacy devices operating on PSTN networks. Migration of this transaction handling to SIP based Cloud infrastructure is the last frontier for wholesome evolution of the full cloud operations for payment routing, switching and transport of the entire payment types and devices regardless of the access mechanism.

NewNet Secure Transactions(NST) systems leverages vast experience in secure payment transport, remote access systems, universal port for voice & data access systems. NST’s STC Databand is an industry first for comprehensive payment transport handling of Dial POS/ATM devices in the leading public cloud infrastructure, private cloud, and the 5G Cloud of MNOs. STC Databand offers SIP based payment handling in Cloud as dial devices on traditional dial networks connects to packet networks enabling it to be highly useful for payment transaction transport. Usage of high bandwidth packet networks enable the transmission of data to be swift and more accurate along with the ability to complete transactions faster. With service providers ensuring QoS (Quality of Service) maintained at remarkably high levels, the data integrity is maintained which is critical for payment transactions.