Mastercard broadens availability of its services with Lusis Payments Partnership
MARCH 24, 2023 | PURCHASE, NY
Mastercard (NYSE: MA) and Lusis Payments, a leading global provider of payments software and technology, have joined to offer a suite of Mastercard specialist services to issuers, processors, and other payment technology providers through a single API connection.
In our increasingly digital world payment providers face increasing challenges due to heightened fraud risks, fragmented access to networks and the constant evolution of technology and data privacy issues.
To address this complexity Mastercard Direct Services Access (DSA) provides a single connection point to a wide range of value-added services, applied digitally across the payment ecosystem. Through Tango, Lusis’ online transaction processing engine, DSA will benefit customers across multiple segments including retail, loyalty, finance, utilities, and transport, with:
The extended suite of innovative value-added Mastercard services includes Safety Net, which provides network level protection against large-scale fraud attacks; Decision Intelligence, a real-time authorization decisioning solution and Mastercard Digital Enablement Services offering access to advanced Mobile Wallet and Cryptogram payment technology.
“As the digital economy expands and the payments landscape evolves our ambition is to reduce integration complexity to instil trust in every interaction,” said Kaushik Gopal, Executive Vice President, Cyber & Intelligence at Mastercard. “This partnership underscores our commitment to making access to our suite of solutions more seamless and secure for our customers globally.”
Mastercard Direct Services Access can be applied beyond card-based payments and across all transaction types, both on and off the Mastercard network. This offers Lusis customers access to the same trusted Mastercard services that they have traditionally only seen on Mastercard processed transactions, but through the consistency of their existing payments infrastructure.
“Leading banks around the world rely on Lusis to deliver their payments strategies. Our partnership with Mastercard highlights our shared vision for making payments faster, smoother and more secure, built on strong, long-term relationships with our customers,” said Philippe Preval, CEO at Lusis. “We look forward to working together to deliver lasting value.”
Mastercard Direct Services Access and associated services are currently available to customers utilizing the Lusis Tango payments suite.
Tom Esslemont, Mastercard
About Lusis Payments
Lusis Payments is an innovative global software and services provider to the payments industry. The company’s proven, cloud-native technology operates in numerous hardware and operating environments. The TANGO platform, combined with Lusis’ expertise in delivering low risk projects, uniquely empowers organizations to address their traditional and future payments needs. Lusis is based in France, UK, USA, Canada and Mexico with distributors in Asia, India and South Africa.
About Mastercard (NYSE: MA)
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
The latest company and industry news from Lusis Payments.