In a bold move set to reshape the payment industry, Mastercard (NYSE: MA) and Lusis Payments have embarked on a collaborative journey. Our shared goal? To revolutionize payment solutions by offering a comprehensive suite of Mastercard specialist services to issuers, processors, and payment technology providers—all through a single API connection.
In today's fast-evolving digital economy, the complexities surrounding payment solutions have escalated, with challenges ranging from heightened fraud risks to the constant evolution of technology and data privacy issues. Recognizing these challenges, Mastercard Direct Services Access (DSA) provides a pivotal solution, offering a unified connection point to a spectrum of value-added services, digitally applied across the payment ecosystem. Leveraging Lusis' online transaction processing engine, TANGO, customers across diverse sectors, including retail, finance, and transportation, stand to benefit from expedited adoption and scalability of market leading payment services, a significant reduction in time-to-market, and simplified contracting and technology support. The partnership between Mastercard and Lusis Payments underscores a shared vision of making payments faster, smoother, and more secure. Through seamless integration, customers gain swift and seamless access to Mastercard's diverse range of services, including Security, Controls, Digital Enablement, and Loyalty services. This integration eliminates the complexities associated with fragmented access to networks, enabling customers to onboard services with unparalleled ease. Pioneering Trust and Efficiency: "At Mastercard, our mission is to reduce integration complexity and instill trust in every interaction within the digital economy," affirmed Kaushik Gopal, Executive Vice President, Cyber & Intelligence at Mastercard. The partnership with Lusis Payments underscores this commitment, paving the way for a seamless and secure access to Mastercard solutions globally. Read the entire article |
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