Hong Kong-based AsiaPay Technology unveiled its newly certified 3-D Secure Access Control Server (ACS) managed service for issuing banks after launching the ACS solution in earlier years.
The new service enables issuing banks collaborating with Visa, MasterCard and JCB 3-D Secure Program to add additional layer of authentication security for their cardholders when making online and mobile card payment transactions, minimizing chargeback and fraud risks.
With AsiaPay’s highly scalable and high-performance access control server (ACS) hosted service, banks are able to authenticate their cardholders by the static password defined by cardholders or by system generated dynamic one-time password (OTPs) during online shopping. It supports sending OTP by email and SMS as well as generating OTP by mobile app. This secure user-friendly payment authentication mechanism significantly reduces the chargeback and fraud possibility for online transactions.
Furthermore, new hosted 3D Secure ACS service provides a variety of controls and online customizable reporting for issuing banks to view online or download, effectively manage the cardholder 3D secure registration, cardholder 3D secure status maintenance, 3D secure payment processing, etc. Certified with Verified by VISA, MasterCard SecureCode, JCB J/Secure and soon for American Express SafeKey. The system is expandable to support multi-lingual interface for authentication pages and internal administration tools, as well as other special card products to meet the needs of banks and consumers in Asia.
The new ACS service is being offered either as an online service, white-labelled hosted service, or as a total solution license model. Key features are:
Static password and one time password (OTP) authentication implementation
Certified with Verified by VISA, MasterCard SecureCode, JCB J/Secure
Strong key management and encryption function
Responsive web design for authentication in web and mobile browsers
Powerful and user-friendly web administration tool for bank operators
User access control with audit trails
Competitive tiered pricing package based on card base size
Local support in 12 countries in Asia
AsiaPay operates the ACS service at its advanced secure PCIDSS-compliant hosting environment at upgraded data centers, and provides bank clients with 7×24 technical service support.
For more data on ACS access CardData®. For information and commentary on ACS visit the searchable CardFlash® Library of more than 58,000 articles published since 1995. RAM Research® forecasts on ACS are available exclusively through CardWeb.com.®