PayTabs deploys Modirum 3D secure payment solution across KSA
By Leandra Monteiro
Saudi Arabia’s PayTabs Group, a payment solutions provider, announced a strategic agreement with Modirum a global brand with a track record of delivering effective 3D secure solutions for over 20 years.
The alliance between the two firms aims to offer flexible, robust, and cost effective EMV 3D secure authentication solutions for PayTabs merchants, banks, and processors across the Kingdom of Saudi Arabia.
Commenting on the partnership, Jari Heikkinen, CEO of Modirum said, “We are delighted to be working with PayTabs, the leading payment company in Saudi Arabia. Our 3D Server Solution is in use globally and recognized as one of the best in the industry by merchants, payment gateway companies and acquirers. We are proud that PayTabs chose to partner with us in this highly dynamic market and we look forward to continued growth in the region.”
Modirum’s 3DS solutions make it possible for PayTabs as a payment processor to offer authentication and verification of users’ identity. This ensures secure and seamless digital payments across all devices such as desktops, laptops, tablets, and mobiles. The software security solution also aims to prevent card fraud on merchants’ websites and e-stores offering ecommerce vendors peace of mind.
Abdulaziz Al Jouf, founder, and CEO of the PayTabs Group said, “Together with Modirum, we are committed to elevating digital payments on Saudi soil by offering millions of e-commerce merchants, globally certified 3D Secure solutions. This partnership marks a new dimension in payment security and is one step closer in the Saudi Kingdom’s vision 2030 to digitize the economy and payment ecosystem.”
Certified for Verified by Visa and Visa Secure, MasterCard SecureCode, American Express Safekey, Union Pay and various other card schemes, the solution from Modirum also offers PayTabs merchants multiple integration options and APIs to ensure secure end to end transaction processing.
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