Cardtek reports MasterCard Payment Transaction Services HCE mobile payments deal

Source: Cardtek

Cardtek, a leading software developer for financial transactions and provider of EMV migration solutions, has been selected by MasterCard Payment Transaction Services S.A. (formerly Trevica S.A.), a payment processing company fully owned by MasterCard, to provide their HCEXpert solution.

Cardtek’s solution will enable MasterCard Payment Transaction Services S.A. to provide managed services to its banking customers for NFC payments on smartphones.

HCEXpert, a cloud-based mobile payment platform, offers consumers a secure and convenient mobile payment experience, while providing smooth and efficient processing of digitized credit, debit and pre-paid cards for issuers.

The solution’s open interface simplifies the integration process and eliminates costly IT investments, while being integrated with MasterCard Digital Enablement Service (MDES) provides additional security.

Available in Android devices with KitKat 4.4 and up, Cardtek’s HCEXpert is much sought after by major card schemes and issuers. With HCEXpert, issuers simplify complexity associated with launching mobile payment services with cloud-based credential management and independency from third parties.

“Our vision for digital payments is to provide the most advanced technologies for the best mobile payment experience across all channels and devices,” said Erdal Yazmac─▒, General Manager of Cardtek. “HCEXpert is only one of the software solutions that support this vision. We always have been committed to supporting our partners by delivering top-notch payment solutions.”

“We are a European technology company with Polish roots, operating since 2008. We are constantly improving our competence and the technology to offer our customers the most innovative services,” said Bruno Baugnies, President of MasterCard Payment Transaction Services S.A. 

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