India’s E-billing Solutions has teamed with Nuspay International. Under the agreement, customers will be able to make secure purchases from more than 6,000 online merchants via the patent-pending Nuspay Virtual Account tokenized payment solution.
Once complete, the integration will give customers the opportunity to use the Nuspay Virtual Account tokenized payment solution when they make online purchases. The groundbreaking solution, which generates a unique code, or “token,” for each transaction based on the customer’s account and the purchase date and amount. This technology aims to significantly reduce payment frauds and eliminate the threat of loss for account-holders payment data and personal information in the event of a data breach.
E-Billing Solutions (EBS) is amongst the Top 5 merchant processors in India with a base of more than 10,000 merchants. EBS provides a complete internet banking platform for 36 local banks, allowing clients to process online payments via more than 100 payment options, including credit and debit cards, Net banking, IMPS, mobile payments, and cash cards.
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