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TechProcess upgrades its online payment platform

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CIOL Bureau
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MUMBAI, INDIA: TechProcess Solutions Ltd, a provider of business solutions, today announced a major infrastructure upgrade on its online payments platform, BillJunction Payments.

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The new infrastructure would boost their online payment processing capacity and has been assessed and certified as compliant to the PCI-DSS (Version 1.2.1) standard, said a press release.

The upgraded platform includes features like Network Load Balancing, which would facilitate processing of higher number of concurrent transactions and virtually 100 p.c service availability.

The enhanced security infrastructure ensures safe storage and encryption of card holder data during transmission, a more secure network in which online transactions are conducted, updated anti-virus software, and constantly monitored and regularly tested networks.

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Bikramjit Sen, CEO, TechProcess Solutions Ltd., said “The Internet is emerging as a mainstream revenue generation channel for business. The need of the hour for merchants, therefore, is to have payment processing platforms that offer cutting-edge processes, security and scalability.”

He added that the it is also critical that the platforms are aligned with the best practices and industry guidelines to protect sensitive cardholder data and minimize risk of fraud for both cardholders and merchants. The PCI-DSS compliance will lead to increased controls on the TechProcess payment gateway — this will mean more comfort and greater confidence in online card transactions for the end customer, merchant and acquiring bank.

The PCI Security Standards Council is an open global forum, launched in 2006, that is responsible for the development, management, education, and awareness of the PCI Security Standards, including the Data Security Standard (PCI DSS), Payment Application Data Security Standard (PA-DSS), and PIN Transaction Security (PTS) Requirements, the release added.