Quatrro Processing its cards processing data centers in Hanoi and Ho Chi Minh cities are ready to cater to the requirements of Banks and Financial Institutions in Vietnam. These centers have been established through a local partner FPT Telecom.
Quatrro and FPT’s data centers are PCI DSS V3 certified and they meet the stringent data security norms required by the banks and mandated by State Bank of Vietnam – the central bank of the country.
Asia has emerged as a key growth market for cards, with the penetration of cards as a percentage of consumer spend hovering between 1% (in less developed countries) to 60% (in developed countries). While technology and innovation has enabled the payments industry to grow at a rapid rate, the mid-tier banks and financial institutions in the country and the region often find themselves challenged to make optimal investments in technology and processes. As a result, the needs of these financial institutions are either unaddressed or underserviced.
Quatrro Processing caters to opportunities in Global Payments industry covering Cards Processing, Payments Processing, Fraud & Risk Management and Analytics. Quatrro’s services link both conventional and alternative payments to a non-legacy based global processing platform to ensure financial institutions and banks remain at the forefront of change. The service offerings help banks and other financial institutions fulfill the dynamic and ever-changing customer needs, payment modes and patterns with urgency and timeliness that the marketplace demands without any upfront investments in technology and infrastructure.
Quatrro’s full suite of fraud management solutions protect clients throughout the payment life cycle across all products and channels using advanced fraud analytics to fraud management platforms.
For data, background and forecasts on Quatrro: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).