Indian software solutions provider ElectraCard Services (ECS) has announced the launch of its e-commerce services for Union Bank of India.
ECS’s electronic internet payment gateway – electraECOMM is an online payment processing system that provides transaction acquiring and processing interfaces to the users.
“Our bank is one of the forerunners amongst the peer banks in the area of technology banking and the payment gateway business fits strategically to our overall value proposition to the target customers,” said Lalit Sinha, general manager of Union Bank of India.
As well as electraECOMM, the bank has also deployed electraSECURE, a new system that enables safe online transactions.