Australia’s debit card system, eftpos, has certified local fraud and risk management company GPayments’ 3D Secure Server solution ActiveServer, expanding its rollout of secure online payment options.
The ActiveServer platform is now certified with eftpos Secure. The two factor authentication security service is now available for use for Australian merchants, gateways and acquirers.
The two companies indicated that the platform could be adopted by some major Australian supermarkets over the next few months.
According to eftpos CEO Stephen Benton, the addition of ActiveServer certification for eftpos secure has expanded the range of security tools available to cover two factor authentication, tokenisation, automated disputes and chargebacks, the connectID digital identity solution and a new AI fraud detection engine.
He said eftpos’ extension further into online payments, coupled with the Reserve Bank’s decision to require Australian banks to offer and promote least-cost routing (LCR) for ‘tap -and-go’ transactions by the end of this ear, will drive a much-needed increase in competition in the sector.
“Our suite of world-class e-commerce products and services is part of a $100 million eftpos funded digital upgrade to deliver the next generation of secure payments technology,” Benton said.
“In some retail sectors, online shopping is becoming the new norm, due to the COVID-19 pandemic. This makes fraud prevention and detection all the more important for Australian consumers and merchants transacting in the digital economy. We need to provide the very best protections we can to keep people safe.”
Image credit: ©stock.adobe.com/au/Song_about_summer
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