ElectraCard Services rolls electraPREPAID 3.0iTx
ElectraCard Services (ECS) has launched electraPREPAID 3.0 under product iTx series offering products with integrated middleware electraWIRE, electraVIEW for event based monitoring and electraMAP for faster interface development with PA DSS security compliant release. The product is believed to be designed to support multiple prepaid programs, enabling the user to consolidate existing platforms into single platform catering all needs.
An integrated middleware electraWIRE is expected to ensure higher performance and reduces maintenance cost of third party middleware. This version is said to come with web enabled back office that provides rich user experience and freedom to access from anywhere. Superior processing capabilities of this series enables customers to scale to the growing needs without additional infrastructure cost. The product is also functionally enhanced to support multi-currency wallet capabilities and virtual cards.
Prashant Menagawade, Head Product Management & Engineering, ElectraCard Services said, "Prepaid card business is an extremely dynamic and a highly competitive space, where the ability to innovate & quickly deliver to the market are the key factors to gain a competitive edge. Hence it is imperative that we facilitate the process of delivering a technology platform which enables the financial institution safe and faster transaction processing, also address the need of scalability, adaptability and cost effectiveness. electraPREPAID iTx series is designed to offer all this leading to next generation payment platform."
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