Payment systems for credit and debit cards typically involve multiple entities and the communication between these entities is often vulnerable to hacking techniques. The Asian card industry has suffered huge losses in the recent past due to the difficulty in implementing effective security mechanisms.
Odyssey offers a comprehensive solution to implementing secure payment systems which includes authentication and channel security between any two entities as well as Terminal Line Encryption without disturbing any of the existing set-ups.
Payment systems for credit and debit cards typically involve a POS terminal, the acquirer network, the card association network, the issuer bank switch, and the issuer bank application. With so many entities involved, both the credit card and card holder data need to be secure at multiple stages of transit.
Implementing encryption to secure the various channels of communication typically involves painful integration with the application servers. Such integration can be time-consuming, expensive and unscalable. Further, it can also limit the application capabilities at various stages of data flow. In the case of acquirer networks, any integration with the base24 switch is even restricted.
Odyssey offers comprehensive solution to alleviate the above problems and secure all channels of communication involved in the payment process.
Odyssey's Snorkel suite of products consisting of Snorkel-TLE, a terminal line encryption server and Snorkel-BX, A PKI-based, business-to-business security gateway server provide channel security without disrupting any of the existing set-ups.
Snorkel-TLE is a Terminal Line Encryption server that ensures a secure communication channel between POS terminals and acquirer network. It protects sensitive credit card information passing through payment systems from wire-tapping attacks and consequent identity thefts.
Snorkel-BX is a fully PKI-enabled, B-to-B security gateway server that provides identification, two-way authentication, channel security, and encryption services to online web applications. The zero-touch deployment model is ideal for securing the communication channel between the acquirer network's Base24-EPS engine and card association network without requiring any changes to the application servers at either end.
Odyssey Technologies Limited is the leader in PKI technology and e-security solutions in the Asia-Pacific region. Odyssey develops products and solutions for Internet transaction security and is recognized by the Controller of Certifying Authorities in India as a technology vendor. The company proudly supports the security needs of major banks and financial institutions in the Asia-Pacific region and has earned their trust as a reliable vendor.