3Pea International, a payments solution company focused on prepaid debit card processing and program management, announced that the company has launched its new payments processing platform, PaySign®.
Due to the rapidly changing face of payment technologies and customer demands, 3Pea built the PaySign® platform on modern cross-platform architecture and designed it to be highly flexible, scalable, and customizable. PaySign® will allow the company to significantly expand its operational capabilities, allowing 3Pea to enter new markets within the payments processing space.
The payment processing platform was designed to easily incorporate new payment technologies and applications as they evolve, allowing 3Pea to remain at the forefront of payment innovation. PaySign® also provides flexibility and efficiencies that will allow the company to significantly reduce the time and cost related to card program development and customization, resulting in increasing operating margins. The PaySign® platform was created with the ability to facilitate EMV (EuroPay, MasterCard, and Visa) smart card payment system (Chip and PIN) payments on a global basis.
PaySign®, in development for several years, meets PCI-DSS 2.0 compliance standards and was part of the company’s most recent successful PCI-DSS audit. The audit, underscoring 3Pea’s continuing commitment to maintaining the highest level of data security standards and compliance, certified 3Pea as a Level 1 Service Provider (Issuer), Gateway/Switch, Prepaid Services, and Issuer Processing Provider.
Additionally, PaySign® Platform will be integral in the development, launch, and support of the PaySign® brand of prepaid debit cards, 3Pea’s line of prepaid cards targeting the General Spend, Corporate, Government, and International markets.
Integrating rapid rendering and modern web technologies that has solid cross-browser support, the user interface for the platform’s Card Management System (CMS) will simplify card program administration. The platform also boasts Interactive Voice Response (IVR) and two-way SMS messaging, which supports cardholder inquiries and card activation.
“We are extremely excited about the launch of our PaySign® platform and the growth opportunities it affords 3Pea as both a payments processor and prepaid debit card manager. We are confident in our ability to successfully enter key market verticals and broaden our prepaid debit card offerings,” stated Mark Newcomer, President and CEO of 3Pea International. “We feel that the successful development and launch of the PaySign® platform is a defining moment for 3Pea.”
For more information on 3Pea International, visit www.3pea.com
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