Cardtek has been selected by MasterCard Payment Transaction Services (formerly Trevica S.A.), a payment processing company fully owned by MasterCard, to provide their HCEXpert solution.
Cardtek’s solution will enable MasterCard Payment Transaction Services S.A. to provide managed services to its banking customers for NFC payments on smartphones.
The solution’s open interface simplifies the integration process and eliminates costly IT investments, while being integrated with MasterCard Digital Enablement Service (MDES) provides additional security.
Available in Android devices with KitKat 4.4 and up, Cardtek’s HCEXpert is much sought after by major card schemes and issuers,With HCEXpert, Issuers simplify complexity associated with launching mobile payment services with cloud-based credential management and independency from third parties.
Cardtek, founded in 2001, operates from five countries including USA, Canada, Turkey, Azerbaijan and UAE,The group has been in the forefront of the groundbreaking changes in the payment solutions industry, with its effective mobile and digital payment systems, and integrated solutions.
MasterCard Payment Transaction Services S.A. is a payment processing company, established in 2008 (as Trevica S.A.) and fully owned by MasterCard since 2012.
For data, background and forecasts on Cardtek: 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).