OREANDA-NEWS. CORVID PayGate, the new name for Ultra Payments is launched today, the next generation ultra-secure agnostic payments gateway.

Ultra Electronics has today announced the launch of CORVID PayGate Limited, the new brand for Ultra Payments, (previously also known as Barron McCann Payments) the specialist in the development and supply of global strategic payment processing software, data validation and services to support automated banking and e-commerce.

CORVID PayGate will meet the growing aspirations and needs of its customers for a highly secure agnostic global platform, allowing almost any payment type to be processed through a single gateway.

"This is a truly exciting time for the payments industry with regulation changes and the digital payments revolution continuing to drive innovation. CORVID PayGate will continue to accelerate development and growth to provide the excellent payment processing software and services that we are known for. " said Nick Newman, the head of CORVID PayGate.

Robust design with security pedigree ensures that CORVID PayGate's products and services are fully scalable, highly secure and capable of accommodating any level of transaction processing. Their commitment to customer quality extends from development, using over 30 years of expertise, to class-leading technical support and renowned data integrity.

CORVID PayGate is an indirect subsidiary of Ultra Electronics Holdings plc.

Ultra Electronics is an internationally successful defence, security, transport and energy company with a long, consistent track record of development and growth. The Group manages a portfolio of specialist capabilities generating innovative solutions to customer needs. Ultra applies electronic and software technologies in demanding and critical environments ranging from military applications, through safety-critical devices in aircraft, to nuclear controls and sensor measurement. These capabilities have seen the Group's highly differentiated products contributing to a large number of platforms and programmes.