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BANGALORE
APRIL 9, 2007
enStage Inc., an e-commerce security solutions provider announced the
deployment of its Accosa 3-D Secure solution by ICICI Bank.
The solution enables ICICI Bank to offer added protection to its Visa Credit
and Debit- Cardholders and merchants for online purchases.
The bank enables security for both its online merchants and cardholders
through the enStage platform. When the cardholder shop online, the cardholder's
identity is verified providing assurance to both the cardholder and the merchant
that the rightful cardholder is using the card, enStage said in a statement.
Govind Setlur, CEO, enStage, said, "ICICI Bank not only wanted the
solution to be up and running in a very short time, they also wanted to work
with someone with experience and expertise in this area."
"enStage platform provides the scalability, performance, and reliability
ICICI Bank needs for its cardholders and online merchants," he added.
"3-D Secure helps banks reduce the risk of online credit and debit card
fraud, thereby protecting cardholders and merchants alike", said Sachin
Khandelwal, Head Cards Product Group at ICICI Bank. "enStage with its
professionalism and expertise in e-commerce payments and security solutions met
our needs in a very timely manner and guided us through the many complications
of the launch," he added. Page(s) 1
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