INTELLIGENT BRANDS // Green Technology
Wibmo partners with EFT Corporation to introduce Wibmo Areion 3DS Server , 3DSS to South Africa
Wibmo , a PayU company , and EFT Corporation have formed a strategic partnership to introduce cutting-edge security technology for digital payments in South Africa . The partnership will bring the Wibmo Areion 3DS Server , 3DSS to the local market , a solution designed to enhance online transaction security and improve payment efficiency .
The Wibmo Areion 3DS Server , 3DSS will provide robust security features , ensuring safer online transactions for consumers and businesses alike . This includes advanced authentication protocols and a lightweight Directory Server to route authentication requests to the appropriate Access Control Server , ACS .
By leveraging smart routing and advanced authentication protocols , the solution aims to streamline payment processes , reducing friction and enhancing user experience . The 3DS Server supports both browser and SDK-based frictionless and challenge authentication , ensuring seamless integration with merchants and payment service providers .
This collaboration is set to uplift the payment landscape in South Africa , offering state-of-the-art solutions that cater to the evolving needs of the market . The Wibmo Areion 3DS Server is designed to be highly reliable , scalable , and future proof , ensuring it meets current demands and adapts to future needs .
“ We are thrilled to partner with EFT Corporation to bring the Wibmo Areion 3DS Server to South Africa ,” said Ashley Mathura , Director of Sales , Wibmo .
“ This partnership marks a significant step towards revolutionising digital payments in the region . By combining our advanced technology with EFT Corporation ’ s deep understanding of the local market , we are poised to deliver unparalleled security and efficiency in online transactions . Our goal is to create a safer , more seamless payment experience for all users .”
Darryn Van Rooyen , Vice President of Acquiring Business at EFT Corporation , added , “ Our partnership with Wibmo reflects our continued focus on innovation in the fintech sector . The Wibmo Areion 3DS Server will not only enhance the security of digital payments , but it will also streamline payment processes , improving the overall experience for consumers and businesses . We are excited about the positive impact this partnership will have on the payment ecosystem in South Africa . Together , we are setting new standards for what is possible in the fintech industry .”
Wibmo , a Cupertino , California , company , is a subsidiary of PayU . It is a global full-stack PayTech company and an industry provider in payment security and digital payments in emerging markets . The company is India ’ s largest authentication service provider and one of the world ’ s digital payment markets . It also offers fraud and risk management solutions , mobile payments , prepaid solutions , and a host of merchant-acquiring services .
EFT Corporation , formed from the strategic merger of Ukheshe Technologies and EFT Corporation , is a pioneering force in the African fintech landscape . Established to create a powerhouse of financial technology and services , EFTCorp leverages the robust capabilities of both organisations to redefine the future of digital financial services .
Ashley Mathura , Director of Sales , Wibmo with Darryn Van Rooyen , Vice President of Acquiring Business , EFT Corporation
EFTCorp combines Ukheshe ’ s agile , digital-first approach and EFTCorp ’ s robust payment solutions infrastructure to offer unparalleled services in the fintech sector . As a merged entity , EFTCorp is uniquely positioned to enhance financial inclusion and revolutionise payment systems across the African continent and beyond . p
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