OREANDA-NEWS. July 02, 2013. CyberPlat® has introduced a fully featured solution for e-commerce based on the 3-D Secure protocol which increases significantly the safety of payment transactions and simplifies card transaction processing.

The new high-tech product CyberPlat MPI Module is of great interest to banks involved in Internet-acquiring as well as to online stores.

CyberPlat® starts selling software of its own production offering partners a new high-tech product. This hyper-efficient IT-solution has unique characteristics: CyberPlat MPI Module takes only 90 KB of hard disk space—much less than competitive solutions do. This means that the module can be installed on any computer.

Along with the hyper-efficiency which distinguishes every CyberPlat® solution, the module also has other high quality features such as exceptional reliability and safety, integration simplicity, advanced functionality, user-friendliness as well as a number of other features inherent in today’s software.

The CyberPlat MPI Module has received certificates from Visa and MasterCard payment systems. The module implements the basic principle of Verified by Visa and MasterCard Secure Code programs which defines a high degree of transactional security—each Internet transaction must be confirmed by entering a password. Depending on the issuing bank’s procedure for the 3-D Secure implementation, the payer can get the password either in the form of SMS-message which is sent to the payer’s mobile phone number linked to the card or in hard copy printed by an ATM of the bank that issued the payment card.

CyberPlat® specialists have implemented the 3-D Secure model on the basis of three domains where initiation and verification of transactions take place. Each of the domains performs its own function: one is responsible for providing correct information about the customer; the other—for valid requesting and redirecting the cardholder information, the third one—for data safety.

The major advantage of the product is its very low price making it affordable for all interested market participants.

CyberPlat® has developed flexible conditions for the service delivery and usage. The company’s partners are free to choose between the product integration into their existing software by their own resources and several maintenance options based on outsourcing.