Transact Pro launches ACS 3D Secure 2.1 technology
Technology to provide effective payment authentication
Transact Pro, a leading payment solutions provider, announces that it has completed certification for its ACS 3-D Secure (3DS) version 2.1 Mastercard solution to enhance payment authentication effectiveness for banks and merchants around the world.
Transact Pro ACS 3DS 2.1 service supports a choice of static, one-time, and knowledge-based password authentication. Additionally, it comes with a comprehensive range of controls and online reporting for issuing banks to manage the cardholder 3D secure registration, cardholder 3D secure status maintenance, and 3D Secure authentication processing.
3D Secure 2.1 is being implemented according to the latest EMVco published 3-D Secure specifications and Mastercard Security standards, which will be used in the new specification as part of its information security requirements framework.
About Transact Pro
Transact Pro is the leader of the Latvian market in the non-banking financial services sector. It is also the first company in the country to operate in this sector, licensed to provide the services in each European Union member state as an electronic money institution by the Latvian Financial and Capital Market Commission, which grants it the right to provide the payment services listed under the license. Transact Pro is a principal member of Visa and Mastercard, owns in-house payment processing center and a proprietary PCI DSS 1 compliant payment gateway.