NewNet Secure Transactions has entered into a strategic partnership with Edisol-Electronic Data Interface Solutions Limited Jamaica to introduce its Total Control STG systems for secure payment routing in Jamaica. This collaboration is poised to significantly alter the payment ecosystem by facilitating quicker transactions and bolstering security measures, utilizing NewNet's all-encompassing payment platform. The platform accommodates various payment methods such as In-Store POS, Ecommerce, and Mobile payments, ensuring a smooth and secure transaction process for both merchants and consumers.
The introduction of NewNet's payment system in Jamaica marks a considerable advancement in payment technology. Capable of managing up to 21 million peak hour transactions and performing over 100,000 cryptographic operations per second, the system is tailored to cater to businesses of all sizes. Krishna Viswanadham, CEO of NewNet Secure Transactions, reiterated the firm's dedication to improving payment security and dependability in the area through this alliance.
Edisol-Electronic Data Interface Solutions Limited Jamaica is instrumental in this partnership, offering the essential support and knowledge for the implementation of NewNet's systems. Robert Lawrence, CEO of Edisol Jamaica, underscored the significance of this collaboration in promoting secure and effective payment solutions throughout Jamaica and the Caribbean. The acquiring bank in Jamaica is expected to gain substantial advantages from the operational improvements and strengthened security protocols brought about by the NewNet STG systems.
This alliance not only seeks to upgrade the existing payment framework but also lays the foundation for upcoming innovations in digital payments, such as CBDC and Open Banking. For further details on NewNet Secure Transactions and their cutting-edge payment solutions, visit https://www.newnet.com. Information regarding Edisol-Electronic Data Interface Solutions Limited Jamaica is available on their official website.
