The rapid increase in cashless transactions, internet-based shopping, e-commerce and online banking has given rise to the need for a convenient and secure electronic payment system. Using the smart card technology, chip-based cards are now widely used as an alternative payment solution for consumers and businesses.

The initiative to encourage more cashless transactions have led to the need to have a state-of-the-art electronic payment ecosystem that combines a smart card, point-of- sales devices, or Electronic Data Capture (EDC) Terminals. This is particularly important for credit cards, debit cards, stored-value cards as well as customer loyalty programme schemes.

At Vezion, we understand our clients’ need to implement a secured and effective electronic payment system, especially in a competitive business environment. To assist them, we provide a range of services, such as:

• complete end-to-end solutions for payment cards, EDC terminals, back-office payment processing, security and switching facilities
• Euro-Master-Visa approved credit and debit cards
• private or close-loop payment schemes for both the private and public sectors
• value-added services which includes ticketing, bill payment and collection, stored-value reloads, transfers & remittances, government subsidy management