Netcetera advances seamless payments with PayTabs

Netcetera advances seamless payments with PayTabs

Swiss software expert Netcetera is enabling secure payments in the Middle
Africa and South Asia region with their 3DS acquiring server solution for
PayTabs. The 3DS server is an important piece in the puzzle for PayTabs, an
award winning payment processing powerhouse, offering social commerce, digital
and next-generation payment solutions across the MEASA region.

PayTabs has been a formidable player in the payment ecosystem for almost a
decade, offering freelancers, SMEs, banks and super merchants enhanced payment
processing services and technology to process and orchestrate integrated
payments. PayTabs operates in multiple markets in the MEASA region with plans
to expand into more emerging and frontier markets. Being a PCI certified
payment services provider, security is a key priority for PayTabs.

The search for a suitable provider to upgrade its 3DS server, has led PayTabs
to reach a strategic alliance with Netcetera, a Swiss software expert offering
a world-class 3DS server and solutions, comprehensive and tailored to meet
PayTabs’ payment processing requirements.

Netcetera’s 3DS solutions makes it possible for PayTabs to offer
authentication and verifying users’ identity. This not only ensures easy
online payment whether using a computer, tablet, or mobile, it also prevents
card fraud. Netcetera’s diligence, EMVCo certification and many years of
experience implementing 3DS solutions for global customers all have
contributed to PayTabs decision.

With this important alliance, Taff Morris, VP Divisional Head of SaaS at
PayTabs noted, “This is a great step forward for our business. E-commerce is
booming in the MEASA region and having a secure acquiring solution is a key
part of guaranteeing customers seamless, yet secure payments. The
collaboration has been smooth, and we look forward to continuing it.”

Jad Bejjani, Senior Business Development Executive at Netcetera added
“Carrying out this project successfully has meant bringing a new dimension of
security to online payments in a B2B context.”

About Netcetera

Netcetera is a global software company with cutting-edge IT products and
individual digital solutions in the areas of secure digital payment, financial
technologies, media, transport, healthcare and insurance. More than 2,000
banks and issuers, and 150,000 merchants rely on the digital payment solutions
and globally certified 3-D Secure products of the market leader for payment
security. The owner-managed company covers the entire IT lifecycle, from
ideation and strategy to implementation and operation. The balanced
combination of the latest technologies and proven standards ensures investment
security, from large-scale projects to innovative start-ups. Founded in 1996,
Netcetera is a holding company with around 800 employees and is headquartered
in Zurich, Switzerland, with additional locations across Europe, Asia, and the
Middle East.

Further information:

About Paytabs

PayTabs is an award winning B2B payments solutions powerhouse founded by Saudi
entrepreneur Abdulaziz Al Jouf.

Having processed the first live payment gateway transaction in June 2014,
today PayTabs processes transactions in multiple currencies, safely and
securely. Using API plugins, PayTabs facilitates seamless B2B ecommerce
solutions for SMEs across numerous industries to ‘plug and play’ payment
features on to their websites. PayTabs prides itself on offering electronic
invoicing services enabling businesses to enjoy digital invoicing, pay by QR
code or secure social media payment links.

Originally backed by Saudi Aramco’s “Waed” and later by private Saudi
investment, over the years, PayTabs has in-built and exported a full stack of
game changing solutions. These include mobile applications, hospitality,
governmental, education, airline, travel, transport, and biller solutions, to
interlink the multi-billion-dollar enterprise market chain in the MENA region.

In 2021, PayTabs launched PT Touch, the first soft POS solution in the MENA
market to transform smart phones into merchant point of sale (POS) terminals.
More recently, PayTabs launched its own social commerce platform, Paymes to
facilitate payments for the micro merchant community. Recently, PayTabs made a
leapfrog move to pioneer next generation payments, by launching its home
owned, globally validated unified payments and next generation transaction
processing platform -PayTabs SwitchOn®.

A proven game changer in the global payments space, PayTabs has dedicated
offices in the UAE and KSA and presence in many other locales including Egypt.
The company is an equal opportunities employer with a diverse and
multi-cultural team comprising of over twenty nationalities.

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