Secure Transaction Cloud (STC) launched with Google Cloud HSM on Google Cloud Marketplace

LOMBARD, IL, March 14, 2023 /24-7PressRelease/ — NewNet Secure Transactions, global provider of secure payment transport and infrastructure systems, today announced a secure payment transport, acquiring, and processing solution available on Google Cloud. NewNet’s new Secure Transaction Cloud (STC) solution with Google Cloud HSM launched on Google Cloud Marketplace, offers payment providers a vital secure cloud payment routing/switching application for transporting high volumes of digital payment transactions, Real Time Payments, Account to Account payments, etc. NewNet’s application is expanding to handle CBDC/Crypto payments, Open Banking payments, Web3 and Metaverse payments. STC helps payments companies rapidly and cost-effectively deploy and scale their digital payments footprint.

NewNet’s Secure Transaction Cloud (STC) solution offers cloud-based secure payment acquiring, processing and issuer processing application with advanced data security, intelligent routing capabilities, comprehensive networking functions, point-to-point encryption and tokenization for security of payment transactions. NewNet’s STC solution is now available on Google Cloud Marketplace for trial, pilot & deployment to experience the high security payment transaction routing and aggregation. It offers high security, high availability and performance utilizing Google Cloud HSM on Google Cloud infrastructure.

NewNet’s STC utilizes Google Cloud’s globally available platform to offer enhanced scalability, significant processing power, incredible redundancy, and smart management options. With Google Cloud HSM’s advanced encryption and security capabilities, NewNet’s STC gives customers a unique cloud payment application with the highest level of security standards compliance and high speed cryptographic operations.

Offered as a subscription model, NewNet’s STC supports a variety of payment methods. This includes internet/web payments, ecommerce payments, mobile payments, wallet payments, A2A/P2P/M2M payments, POS/POI based transactions, ATM transactions and all forms of digital commerce payments with full compliance to PCI standards. STC offers a unique payment routing application for the industry with integrated payments, security, networking, and analytics features targeting PSPs, PayFacs, Acquirers, Processors, Mobile/POS Vendors, Banks, FinTechs, NSPs, MNOs, BNPL providers.

“It is quite exciting to leverage the phenomenal capabilities of the cloud infrastructure with STC solution and enabling the payment industry with one of the most advanced cloud payment applications for seamless migration, massive expansion and high volume growth”, says Krishna Viswanadham, President of NewNet Secure Transactions. “STC’s virtualized payment and security functions operating in Google Cloud ensure the highest security for present and emerging payment transactions for both fiat and CBDC/Crypto payments and secure payments in Web3 and the metaverse with Google Cloud HSM’s strongest encryptions.”

“Payment transaction volumes are experiencing growth at an increasing pace globally, and with it, the need for security solutions that are high performant in order to meet payment data transport and faster processing requirements,” says Nelly Porter, Group Product Manager of Google Cloud. “NewNet’s STC payment solution offered on our resilient, scalable, robust and widely available Google Cloud enables customers in the payment industry to meet their growing demands using security and standards compliant Google Cloud HSMs.”

STC payment application solution powers both greenfield FinTech Providers and established Payment Providers enabling the rollout of new payment services in a short time or to migrate to cloud seamlessly and effortlessly. STC on industry’s advanced security and high speed transaction capabilities available on Google Cloud Marketplace, will be highly beneficial for broad spectrum of payment ecosystem for the present and future.

Click the below link to access STC on Google Cloud for a free trial and explore the application features.

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NewNet Secure Transactions (NST) is a premier global provider of next generation payment technology solutions offering significant expertise in Secure Payment solutions. NewNet Secure Transactions offers digital payment infrastructure solutions with intelligent routing & switching functions and cloud transformation for Acquirers, Processors, Banks, PSPs, Payment Gateways, PayFacs, MNOs, NSPs, FinTechs, CSPs etc. NST systems handle integrated payment transaction routing, secure network access, and payment data security utilizing flexible APIs, accepting omnichannel payments from Mobile, Web, In-Store POS, SmartPOS, mPOS, Ecommerce, Mcommerce, BNPL & ATM transactions, fully compliant to security standards, and expanding to concurrent handling of CBDC/Crypto, Open Banking payments. NewNet solutions are deployed with customers in over 60 countries, handles one-fourth of the annual global transaction volume, and is available both in private and public clouds and also as Server based solutions for Datacenters.

NewNet’s Secure Transaction Cloud (STC) solution offers NFV based virtualized secure payment applications with a broad range of Virtual Networks Functions (VNF) for payment transaction routing and added security including:
• ISO 20022, ISO8583, APACS, TPDU, VISA, XML/REST based Protocols
• Cloud Payment NAC (Network Access Concentrator / Network Access Controller)
• Point to Point Encryption( P2PE), Tokenization
• Load Balancing, Multiple Host Interfaces
• Advanced Management & Reporting

For more information about NewNet, visit NewNet is a portfolio company of Skyview Capital LLC.

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