Nex1soft to Supply NexBe 3DS Online Payment Authentication to Bustago
IT DAILY ·
✦ AI Summary
Nex1soft said on the 7th that it will provide its credit card online payment authentication service, NexBe 3DS, to Myeongdongui Jeulgeoum.
The service targets Bustago, an integrated express and intercity bus reservation app, allowing foreign users to make online reservations using cards issued overseas.
NexBe 3DS supports 3DS 2.3, PCI-DSS, and PCI-3DS, and Nex1soft is also developing FIDO- and WebAuthn-based authentication functions.
Nex1soft announced on the 7th that it will provide NexBe 3DS, a credit card online payment authentication service, to Myeongdongui Jeulgeoum. Nex1soft is a data platform services company, and Myeongdongui Jeulgeoum is a domestic mobility fintech company.
The service receiving the supply is Bustago, an integrated reservation app for express and intercity buses. Myeongdongui Jeulgeoum aims to improve public transportation convenience for foreign users by introducing NexBe 3DS to Bustago. NexBe 3DS serves as an online card payment authentication service.
With this deployment, a global authentication environment for online payments using cards issued overseas has been established. As a result, foreign users will be able to book express buses and other services online based on cards issued overseas.
Previously, foreign users could not use cards issued overseas when booking express and intercity bus tickets online. As a result, they had to use booking agency platforms or pay at on-site counters, but after the introduction, credit card payments with cards issued overseas became possible within the Bustago app, and bus tickets can also be booked directly online.
NexBe 3DS is a payment support service for online card payments. Its core function is verifying the identity of cardholders using a range of authentication methods, and it is designed to strengthen identity verification in online card payments and prevent fraudulent transactions. It supports payments from all global brands, including Visa, Mastercard, American Express, JCB, UnionPay, and Discover.
To this end, NexBe 3DS applies the 3DS (3-Domain Secure) payment authentication security standard set by EMVCo and supports the EMV international authentication protocol 3DS 2.3. It also holds global payment security certifications such as PCI-DSS and PCI-3DS. EMV is an IC card and online payment standard jointly established by global credit card companies such as Visa, Mastercard, and American Express.
On the operational side, the admin function enables monitoring of transaction history and statistical management, supporting service operations and status analysis. It also provides monthly payment reports by brand separately.
The company is pursuing upgrades to its authentication functions to improve user convenience and security, and is currently developing FIDO- and WebAuthn-based authentication functions. Starting with this, the company plans to continue expanding its authentication technologies in the future.
Source: IT DAILY · Seong Won-young
Original: https://www.itdaily.kr/news/articleView.html?idxno=242060
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Source: IT DAILY
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