AUSTIN, Texas--(3Delta Systems, Inc.® (3DSI), a leader in online business-to-business (B2B) credit payment solutions, today unveiled its new high-performance payment processing platform, Payment WorkSuiteSM . With its extensible design, administrative controls and multiple layers of security, this advanced Software-as-a-Service (SaaS) technology aims to transform how online payments are processed, much like Apple® transformed the way people use mobile phones.)--
“Taking this inside-out approach allowed us to develop a multilayered, LEGO®-like architecture that allows us to quickly add or combine components – even roll out entirely new families of payment technologies – whether our customers come to us with their needs tomorrow or a decade from now.”
“Apple’s innovation and insight changed the way we view mobile devices and, in doing so, created new market opportunities,” said Aaron Bills, founder and chief operating officer of 3Delta Systems. “In the payments arena, we dared to be different by building a next-generation platform from scratch that addresses the vast complexities of how businesses and government agencies conduct payment transactions and their need to balance numerous security, operational, financial and compliance requirements.
“Our customers equate peace of mind with payment tools that increase their productivity, cut operating costs and lower business risk,” Bills explained. “For enterprise-level organizations with multiple subsidiaries, that means an easy-to-use yet highly customizable platform capable of integrating smoothly with existing accounting systems as well as third-party business applications, one that applies permission-based business rules to reliably authenticate individual users and their level of access, tightly secures confidential data at multiple levels, handles international as well as domestic tender types, and provides a detailed audit trail so that you know who touched what data and when. Smaller companies will appreciate the platform’s streamlined navigation, added security and the ability to scale as their business grows.”
Finance professionals attending the NACHA Payments 2011 conference here got their first look at the Payment WorkSuite platform, a project that took three years to engineer.
The initial release of Payment WorkSuite consists of six feature-rich, tightly integrated yet securely separated applications, all of which are designed to be fully interoperable with one another. Access and use of every application is controlled through assignable permissions and security measures. These six applications are:
CardVault®: Enterprise-level credit card tokenization that allows you to safely and securely process transactions via a “token” or “alias” while removing the risk of storing card data on your internal systems. This process replaces a customer’s real credit card numbers and related transaction information with unique, randomly generated reference keys that are useless to would-be hackers. For customers, storing their real card data offsite at one of 3Delta Systems’ secure data centers significantly reduces the scope, risks and costs of complying with Payment Card Industry Data Security Standards (PCI DSS).
EC-Zone®: A virtual payment application that lets you process payments from a web browser, including transactions with enhanced line-item detail known as Level-3 data.
EC-Linx®: A server-to-server, real-time payment processing and authorization for e-commerce applications.
EC-Batch®: A file-based system for processing payment transactions in batches and uploading them from your internal computer systems to 3DSI’s payment gateway using secure file-transfer protocol (FTP).
EC-NavigatorSM: A browser-based, command-and-control center for all applications to maintain and access merchant information, customer accounts, cardholder data and reporting. Update one area and changes are applied automatically throughout the suite.
EC-SentrySM: An additional layer of fraud detection, prevention and account protection that enhances the security already inherent in Payment WorkSuite.
“We spent the first two years of our development cycle building the environment for our platform rather than the application – focusing primarily on authentication, authorization, security and cryptographic integrity,” explained Chris Browning, vice president of software engineering at 3Delta Systems. “Taking this inside-out approach allowed us to develop a multilayered, LEGO®-like architecture that allows us to quickly add or combine components – even roll out entirely new families of payment technologies – whether our customers come to us with their needs tomorrow or a decade from now.
“We also designed Payment WorkSuite so that every 3Delta Systems product plays well together via cross-platform collaboration. At the same time, we baked extra layers of security and fraud protection into the system’s DNA.”
Browning explained that the defensive layer encapsulating the centralized processing engine ensures all information requests are initiated from an authenticated user account and adhere to strict security requirements. Every application in the suite is also embedded with its own security measures and access controls. Before a request is processed, for example, authorization is verified by the individual application and then again by the unified security layer.
The company will begin boarding new customers onto Payment WorkSuite this month and migrate existing customers to the new platform starting in July.
Executives of 3Delta Systems are available to discuss Payment WorkSuite’s features and performance gains that the new architecture delivers throughout the NACHA conference April 3 - 6 at booth 414 in the Austin convention center, Hall 4.
- Data sheets for the Payment WorkSuite platform, including EC-Navigator and EC-Sentry
- Data sheets for each application in the Payment WorkSuite: EC-Zone, EC-Linx, EC-Batch and CardVault
- Multimedia Gallery: logos for each application in the Payment WorkSuite and images that illustrate the platform’s hierarchy
About 3Delta Systems
3Delta Systems, Inc. [www.3DSI.com] is a payment solutions company that delivers the power of secure, Internet-based purchase and credit card processing solutions to enterprise, business-to-business and business-to-government customers. 3DSI’s complete suite of payment solutions – each designed from the ground up to be scalable, easy to implement and conform with PCI Data Security Standard best practices – enables merchants and buyers to manage, authorize and settle payment transactions in real-time. As a leading Software-as-a-Service provider, 3DSI processes an average of 1 million transactions every month worth $1 billion for more than 10,000 merchant accounts and 30,000 users who handle corporate and government payments. Since its founding in 1999, 3DSI has served more than 6,000 corporations and government agencies.
Trademarks: The products and services mentioned in this press release are the trademarks of their respective organizations and/or their affiliates.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6669094&lang=en