E-Global goes live with Alaric Authentic payments platform
31 October 2012 | 1536 views | 0
Servicios Electronicos Globales, e-Global, Mexico's largest electronic payment processor, has gone live with the Authentic Open Development Payment platform provided by Alaric International and Stratus Technologies Mexico (www.stratusmexico.com).
e-Global provides switching and card processing services for a wide range of Mexican merchants and for its joint owners, BBVA Bancomer and CITI Banamex, two of the largest acquirers in the Mexican market.
The decision to go with Alaric's Authentic solution followed an extensive review of the world's leading payment systems by e-Global . e-Global required a solution that could meet its exacting quality and performance standards which included the requirement to process at a rate of up to 800 transactions per second which Authentic comfortably exceeded in a rigorous competitive benchmark carried out by e-Global.
Commenting on the news Mike Alford, Chief Executive of Alaric said, "e-Global is the largest processor in Mexico. They needed a new payment solution which would deliver exceptionally high levels of performance while at the same time would enable e-Global to have a high degree of participation in, and control over, creation of customizations. By working closely with Stratus Technologies Mexico, Alaric and Stratus were able to demonstrate that Authentic was the only product that could fully match e-Global's criteria.
"Following user training by Alaric, e-Global was able to master Authentic's Open Development features and to produce a fully operational system itself. This is a testament to how user configurable Authentic is."
Juan Pablo Gonzalez Gasque, General Director of Stratus Technologies Mexico believes that Alaric has proved to be a highly effective partner noting, "As one of e-Global's well-established suppliers, they asked us to suggest a new payment system. We recommended Alaric's Authentic as we felt it most closely met their requirements. We have been very impressed by how closely Alaric has worked with us to demonstrate how Authentic could not only meet e-Global's performance requirements but also how it could be configured and customized by e-Global itself. It is a tribute to Authentic that the system is now going live with only minimal i input from Alaric and Stratus other than the original training."
Arturo Lopez, CIO of e-Global echoed these comments adding, "Authentic has proven to be a great choice for e-Global. We needed to identify a payment system which we could customize ourselves. This would allow us to maintain strategic control whilst retaining all the cost and support benefits of using a product-based solution in standard form. We found this unique and powerful combination in Alaric's Authentic product.
"Authentic's power and flexibility will be central to e-Global's growth in terms of its ability to handle our growing transaction volumes. Authentic's configurability will enhance e-Global's agility and responsiveness, enabling us to very rapidly roll out new products and services."