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: