AsiaPay launches Xecure 3D in Asia, 3DS 2.0 ACS hosted service for China CITIC Bank International

HONG KONG,Aug. 12,2020 --AsiaPay has successfully launched Xecure 3D,3-D Secure 2.0 ACS (Access Control Server) solution service (hosted service) for China CITIC Bank International Limited in Hong Kong region covering Visa and Mastercard.

As the leading digital payment service provider in Asia,AsiaPay consistently seeks to provide a seamless digital payment experience for the customers. We always prioritize security as well as providing high-class quality of services in a safe and secured environment to banks.Our advanced 3D Secure service enables issuing banks to participate in a 3-D Secure 2.0 programs of Visa,MasterCard,JCB and China UnionPay,facilitates its cardholders to enjoy a more frictionless convenience payment experience during online and mobile checkout,using more effective authentication process that minimizes unnecessary Over-The-Counters (OTP) challenges.

Xecure 3D ACS solution service supports payment and non-payment authentication,and advanced multiple authentication types including token-based,biometric,OTP,and extendable to out-of-brand. It comes with an user-friendly and customizable Risk-based Authentication (RBA) module that optimizes frictionless payment experience. Besides,the service comes with comprehensive range of reportings and cis also expandable to support multiple languages as well as other special card products to meet the security needs of issuing banks and card holders.

"Cardholders are no stranger to the dangers of transacting digitally. Complex fraud activities such as phishing and keylogging have been present since the dawn of ecommerce," says Joseph Chan,CEO of AsiaPay. "In order for issuing banks to boost consumer confidence in making digital card payment transactions for online and mobile purchases,they would look for a stronger and more convenient authentication process with choices that can speed up checkout payment while at the same time prevent fraudulent payment risks," he added.

About AsiaPay

Founded in 2000,AsiaPay,a premier digital payment solution and technology vendor and payment service provider,strives to bring advanced,secured,integrated,and cost-effective electronic payment processing solutions and services to banks and e-businesses in the worldwide market,covering international credit card,debit card,digital wallets and other prepaid card payments. With 15 country operations in Asia,AsiaPay is an accredited payment processor and payment gateway solution vendor for banks,certified IPSP for merchants,certified international 3-D secure vendor for Visa,American Express,and JCB. For further information please visit http://www.asiapay.com/

For more information contact:

AsiaPay

Edward Ng

Associate Director,IT

TEL: +852-3173 1977

e-mail: edward.ng@asiapay.com