Netcetera, a Swiss software company that provides secure digital payments, has announced that it has partnered with Israel-based Automated Banking Services (SHVA).

Through this partnership, Netcetera will be providing its 3-D Secure Acquiring solution suite to SHVA which will be deployed as a Software as a service (SaaS) solution, as well as hosted and operated on the former’s cloud platform.

Through the usage of the Netcetera’s 3DS server, SHVA said that it will have access to improved conversions, optimised checkout processes, reduced fraud, and protection from fraudulent chargeback liability, without compromising smooth user experience for the online shopper.

3-D Secure is a globally trusted protocol for securing online transactions. It involves links between various components to ensure communication between merchants, issuers and acquiring banks.

“SHVA has a history of a company that enables growth of the Israeli payment system.

 

We are truly proud to be a partner in the growth enablement of the Israeli ecommerce market, by providing excellent services that bring even more security in the future of online payments,”

said Petre Bozhikov, Business Development Executive at Netcetera.

“We want to provide the best to our market. We have chosen Netcetera as they are a proven international payment software expert and a digital provider to some of the best payment players around the globe.

 

On top of that, they have zero tolerance to fraud approach.”

said SHVA CEO Eitan Lev-Tov and emphasized that due to the expected changes in the payment sector, including international payment players as Netcetera will only mean more innovation and knowledge in the online payment methods and the Israeli payment ecosystem as a whole.