With the largest ePayment ecosystem in Turkey. Payten Turkey General Manager Burak Kutlu said “We have 20+ local and industry know-how in Turkey. Payten has the largest ePayment ecosystem with banks, merchants, alternative payment providers and payment facilitators in Turkey. In addition, we stand out with our seamless technology in South Eastern Europe and provide payment gateway solution Nestpay to 25 banks in the region. We are happy to become the first ePayment provider in Turkey to complete the 3D Secure 2.0 transaction and now we are able to provide new authentication in the region.
Burak Kutlu continued “Customer-focused payment experience becomes more important now. 3D Secure 2.0 is a new authentication and provides better security and faster payment experience online with less friction and better customer experience. It supports all devices and identifies users with smart anti-fraud methods. In the former version of 3D secure protocol, a single-use password was required for both high and low risk transactions. Now, single-use password is required for high risk transactions. Low risk transactions are to be protected with smart fraud methods such as payment history, location, and device & IP recognition instead of password. Consequently, the online payment process will be shorter and the payment abandonment rate will decrease. Moreover, Payten ePayment platform is audited regularly by PCI-DSS and passes standardized tests regularly. So, Payten is now certified PCI 3DS Core Security Standard as well.