18th March 2015
Proxama’s EMV Transaction Manager Provides Full EMV Capability
London, UK – 18th March 2015: Leading South African card processor Tutuka has launched its EMV-compliant card processing service with the assistance of Proxama’s EMV Transaction Manager. EMV Transaction Manager provides flexible, configurable and fully-featured EMV processing and scripting, and is increasingly the solution of choice for many of the world’s leading issuers and processors of payment cards and digital payment devices. EMV Transaction Manager allows issuers to leverage their investments in existing systems by upgrading to full EMV capability with minimal change – and therefore minimal risk.
Tutuka provides South Africa’s premier card service for clients issuing Visa and MasterCard prepaid products. Upgrading this service from magnetic stripe to full EMV capability ensures that clients such as Standard Bank and MasterCard benefit from the enhanced security that EMV brings.
Mike Woods, CEO Digital Payments at Proxama said: “We are delighted that Tutuka’s fully EMV-compliant solution is now up and running. The teams of both companies have come together to make the project a resounding success, and one that again demonstrates the ease of integrating Proxama’s EMV Transaction Manager with existing card systems. We look forward to working with Tutuka on future initiatives, including the introduction of mobile payments and tokenisation.”
Shaun Hodgkiss, CTO at Tutuka said “We are very pleased with the success of the project, especially the expertise provided by the Proxama team and the ease and timeliness of implementing the technology.”