Brazilian merchant acquirer and payment
processor Cielo has joined forces with mobile solutions and fixed
line networks NewNet for the rollout of their nationwide payments
processing network.
NewNet’s TraxcomSecure Total Control 1000
(TC1000) Secure Transaction Processing platform will support the
rollout. The TC1000 platform enables mobile and wireline carriers,
payment processors and financial application providers the ability
to expand their transaction services into the mobile and broadband
market. It also allows credit and debit card transactions to be
processed and authorised faster.
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“We believe that the efficiency, security and
performance offered by NewNet will enable us to offer innovative
and superior m-commerce and e-commerce payments services,” said
Paulo Guzzo, IT and operations vice-president at Cielo.
Cielo’s Points-of-Presence (POPs) transaction
networks are located in 14 states in Brazil.
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