Arcot Systems, Inc., a leading provider of solutions for securing e-business, today announced the availability of Arcot TransFort Merchant Solutions for the Visa Payer Authentication service.
Arcot TransFort has been recognized as fully compliant with the 3-D Secure interoperability standard by the Visa Interoperability Lab. Visa Payer Authentication is the basis for Verified by Visa, an Internet payment authentication process designed to increase consumer and merchant confidence in e-commerce by reducing fraudulent Internet transactions. The Arcot TransFort solution supports Visa Payer Authentication and provides merchants with the ability to initiate the authentication of an online Visa transaction, resulting in lower transaction costs and offering protection from fraud losses. TransFort has been adopted by over 30 merchants around the world including leading online retailers such as Ashford.com, CompUSA and McAfee.com. For more information on our merchant solution go to [www.arcot.com/merchant].
With Arcot TransFort, the merchant initiates and controls the authentication process. For cardholders who have activated Verified by Visa, the shopping process remains unchanged. At the point of purchase where the shopper has clicked the final “buy” button, cardholders are presented with a Verified by Visa window where they enter their personalized password and authenticate themselves to the Issuer. The Visa card Issuer confirms the cardholder’s identity, and the merchant is provided with real-time authentication results. “We are pleased to offer a fully compliant, out of the box solution to the hundreds of thousands of merchants that are eager to benefit from the Visa Payer Authentication service,” said Chet Silvestri, CEO and president of Arcot Systems. “With the recent announcement by Visa, the merchant motivation to participate in this program is immediate and significant, and we offer a full range of solution deployments for them — from a simple to install, pre-configured appliance to a completely customizable software developer’s kit.”
Arcot TransFort Merchant Solutions is a comprehensive suite of products compliant with the Visa 3-D Secure Interoperability standard and is designed to meet the breadth of needs for merchants worldwide regardless of size, sophistication, and e-commerce environment. Different levels of support services are available depending on a merchant’s requirements, and the Arcot solution operates on all major computer platforms and operating systems. Solutions are available in each of the following formats today, providing a wide selection of implementation options for merchants:
— TransFort Merchant Software — TransFort Merchant Software Developer’s Kit (SDK) — TransFort Merchant Solution on Server Appliance — TransFort Merchant Solution for Hosting Companies
Requiring no change to a merchant’s existing e-commerce engine or back end order processing, Arcot TransFort Merchant Solutions have been designed for easy installation and minimal impact on a merchant’s systems and business processes:
— Simple to deploy – plug and play installation
— Simple to administer – designed for virtually “hands off” operation
— Low impact – requires no new coding and no change in existing processes
About Arcot TransFort
Arcot TransFort strongly authenticates and digitally signs transactions in real-time, providing for the secure, non-repudiation of online payments. Scalable to hundreds of millions of transactions, Arcot TransFort allows companies to grow the volume and value of their online transactions and provide their customers with an added level of confidence and security in the business relationship.
Arcot TransFort is a multi-platform solution capable of authenticating transactions across Web, Virtual Private Network (VPN), and wireless environments. In addition, Arcot TransFort can comply with a variety of business rules or procedures that govern online payments and support multiple authentication methods including username/password (pass-code), physical smart cards (or “chip cards”), and the ArcotID(TM) Software Smart Card. The ArcotID is a means of strong authentication based on patented Arcot technology. It offers a similar level of protection as a physical smart card, but with the convenience of software. It protects a user’s digital credentials in a tamper-proof software container. If any attempt is made to compromise the credentials the attempt is promptly identified and the credentials are neutralized.
Arcot Systems, Inc., is the leading provider of authentication and access control solutions for securing e-business in Internet-scale, transactional and wireless environments. Only Arcot provides cost-effective, scalable, software-based solutions for strongly authenticating users and transactions and managing access for payment systems, B2B extranets, Web portals and virtual private networks. Arcot solutions meet the business need for strong transactional security while providing the customer a user-friendly experience with anytime, anywhere convenience. Leaders in financial services, healthcare, and e-commerce are using Arcot solutions to protect their customers’ privacy and reduce fraud. For more information, visit [http://www.arcot.com].