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NewNet and Edisol Partner to Revolutionize Payment Security in Jamaica

By Advos

TL;DR

NewNet Secure Transactions' STG system offers businesses in Jamaica a competitive edge with faster, secure payments and scalability for high transaction volumes.

NewNet's STG system utilizes advanced encryption and secure routing technologies to process high volumes of digital payments efficiently across multiple channels.

The deployment of NewNet's payment platform in Jamaica enhances transaction security and efficiency, fostering financial inclusion and supporting the region's digital economy growth.

Discover how NewNet's innovative payment platform is transforming Jamaica's digital payments landscape with unmatched security and speed for merchants and customers alike.

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NewNet and Edisol Partner to Revolutionize Payment Security in Jamaica

NewNet Secure Transactions, a global leader in secure payment technologies, has announced a partnership with Edisol-Electronic Data Interface Solutions Limited Jamaica to deploy its Total Control STG systems in Jamaica. This collaboration aims to transform the secure payment transaction landscape by offering faster payments and enhanced security for merchants and customers alike.

The NewNet payment system is heralded as the industry's first comprehensive platform that supports a wide range of payment methods, including In-Store POS payments, Ecommerce, and Mobile payments, among others. Its deployment in Jamaica is expected to set a new standard for payment security and efficiency, leveraging advanced encryption and secure routing technologies.

Krishna Viswanadham, CEO of NewNet Secure Transactions, highlighted the platform's capabilities, including its scalability and the ability to handle over 100K cryptographic operations per second. This partnership underscores NewNet's commitment to enhancing payment transaction security and reliability in the Caribbean region.

Robert Lawrence, CEO of Edisol Jamaica, emphasized the significance of this collaboration in providing secure and efficient payment solutions across Jamaica and the wider Caribbean. The Jamaican acquiring bank, a key beneficiary of this initiative, is poised to experience improved operational efficiency and security, enabling it to offer innovative payment services to its customers.

For more information on NewNet's payment solutions, visit https://www.newnet.com. Details about Edisol-Electronic Data Interface Solutions Limited Jamaica can be found at https://www.edisoljamaica.com.

Curated from 24-7 Press Release

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Advos

Advos

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