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JCB (Japan) certifies Clear2Pay 3-D Secure product suite:
fully compliant with J/Secure™ cardholder authentication programme.

Clear2Pay confirms its global ambitions with complete 3-D Secure solution supporting all card schemes.

Brussels, 25 August 2004 - Clear2Pay, the international technology provider of next generation payment solutions for financial institutions has received the compliance certification from JCB for its 3-D Secure product suite. Element ACS and Element MPI products support now JCB's J/Secure authentication solution in addition to Verified by VISA and MasterCard SecureCode.

The Element ACS handles cardholder authentication for Issuers, authenticating the Payer using Password, Token, Secure device or GSM. The Element ACS supports powerful back office for administration, issuers and cardholders. The Element ACS is designed that it can operate in three different modes: attempt, stand- alone or integrated (with e-banking). Together with the Cardholder Enrolment Server facilitating registration and activation of cardholders, the Element ACS forms the complete Internet payment solution for Issuers. With this recent certification, it is now also available for JCB issuers.

The Element MPI handles cardholder authentication for Merchants and Acquirers according to the 3-D Secure protocol. The Element MPI provides an unprecedented back office enabling configuration of system and security parameters, and view of authentication transactions in detail. Together with ProxyPay POS Server and Gateway, the Element MPI forms the complete Internet payment solution for acquirers. Like Element ACS, it is now also available for JCB acquirers.

JCB is the 4th international credit card brand and the largest card issuer/acquirer in Japan, through its alliances with more than 320 leading banks and financial institutions globally. Its merchant network includes 11.4 million merchants and spans 189 countries and territories. JCB cards are now issued in 18 countries and territories, with 49.6 million cardholders.
Ronny Leplae, Vice President at Clear2Pay comments: "Clear2Pay has a proven track record of successes with its products running at individual acquirers and issuers, and multi-member processors. Addition of JCB's J/Secure into our portfolio confirms our commitment to supply our customers worldwide and in Asia/Pacific region in particular with complete solutions enabling secure payments over the Internet." Michel Akkermans, Chairman and CEO of Clear2Pay adds: "Along with our recent acquisition of Sienna Technologies, which gave us a physical presence in Australia and Singapore, this new development confirms our firm plans to expand in the financial services sector in the Asia/Pacific region."

- End of release -

About Clear2Pay

Clear2Pay is an innovative e-finance company focused on delivering globally applicable solutions for secure, timely electronic payments. Headquartered in Brussels, Belgium, the company's focus is to facilitate banks and financial organizations in their provision of electronic payments services. Clear2Pay's technology helps to reduce transactions processing costs, and to deliver new, compelling e-payment services in a competitive way. Clear2Pay's payment solutions offer organisations easy, branded ways for their customers to pay online: from complex trade-supporting business-to-business environments, through e-commerce applications, to retail payments and micro payments. Functions embrace payments origination, reporting, linkage with back-office processing systems, clearing, netting and settlement. Clients include global and major regional financial institutions such as ING, ABN AMRO, SEB Kort, LuottoKunta, VISA Europe, MasterCard, ANZ, National, Commonwealth Bank and Reserve Bank of Australia. Clear2Pay operates out of Belgium, the Netherlands, Spain, United Kingdom, Australia and Singapore and currently employs over 120 staff.
More information is available on www.clear2pay.com.

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Contacts for More Information:

Clear2Pay NV/SA
Conny Dorrestijn - VP Marketing and Communications
Zikkelstraat 64, 1970 Brussel (Wezembeek Oppem) - Belgium
E:
M: +31 651 067201

   
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