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Follow on Google News | Nuspay and EBS Partner to Introduce Virtual Account Tokenized Payments to IndiaBy: Nuspay Nuspay, a global financial technology company, is partnering with EBS to offer its payment technology to EBS eCommerce merchants. Once complete, the integration will give customers the opportunity to use the Nuspay Virtual Account tokenized payment solution when they make online purchases. The groundbreaking solution, which generates a unique code, or “token,” for each transaction based on the customer’s account and the purchase date and amount. This technology aims to significantly reduce payment frauds and eliminate the threat of loss for account-holders’ “Nuspay has long admired EBS’s dedication to serving its customers and the citizens of India,” said Nuspay’s CEO and Chairman Greg Wooten. “The agreement with EBS demonstrates and strengthens our commitment by protecting customers and merchants alike. We are honored to facilitate this advancement in payment technology in South Asia and stand ready to partner with other banks and merchant processors to continue making India a safe place to do business online.” End
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