Arcot and Mosaic to co-market payment and authentication package
19 November 2002 | 3030 views | 0
Mosaic Software has signed an agreement to co-market its Postillion transaction software with Arcot Systems' TransFort authentication system.
Under the agreement, the companies will co-market a payments processing and authentication software suite to their respective client bases.
Mosaic says the partnership will enable all 200-plus Postilion users to become Verified by Visa and SecureCode compliant. Both schemes require cardholders to enter a password at the point of sale for authentication purposes.
Steve Ryan, vice president, corporate development, Arcot Systems, adds: "By combining Arcot's TransFort solution for Visa's Verified by Visa programme and MasterCard's SecureCode programme with Mosaic Software's Postilion payment software, we will provide a robust approach to enhance the security of online payments for merchants, acquirers, issuers and processors."