YesPay Launches New Cloud Computing Architecture in a Managed Card Payment Service Context

Cloud computing refers to accessing dynamically scalable and often virtualized IT resources as a service over the Internet. YESpay has successfully managed to replicate the cloud computing architecture for its four new global card payments transaction processing data centers located in London (UK), Heathrow (UK), Toronto (Canada) and San Francisco (USA). London, UK (PRWeb UK/PRWEB ) April 5, 2010 -- Cloud computing refers to accessing dynamically scalable and often virtualized IT resources as a service over the Internet. YESpay has successfully managed to replicate the cloud computing architecture for its four new global card payments transaction processing data centers located in London (UK), Heathrow (UK), Toronto (Canada) and San Francisco (USA). We are probably the world’s first card payment service to develop and deploy a cloud computing architecture as defined by industry experts such as Sun Microsystems,” said Dr. Chandra Patni, CEO and CTO of YESpay group of companies YESpay provides its integrated card transaction processing service to merchants throughout Europe and North America (ISA and Canada). YESpay’s current 4 data centers, branded as EMBOSS, work on the cloud computing architecture and deliver a resilient payment service to its customers through a “Software as a Service model” (SaaS) model. In a SaaS model, a single application is accessed by thousands of customers through the Internet. The main application is hosted centrally in multiple EMBOSS data centers and a basic software (EasyV Terminal) is installed at the customers end to facilitate communication with the host. In this type of multitenant architecture, customers are just thin clients with no requirements for servers or software licenses. The customers of such a service model are generally billed on a utility (pay as you use) or subscription basis. The benefits deriving from YESpay’s SaaS model range from infinite scalability to reduced infrastructure investment and no software licensing charges. The main benefits of replicating cloud computing architecture for YESpay’s customers are categorized below: Data Security Since YESpay is responsible for storing the cardholder data on behalf of its clients, it ensures high levels of security, certified to PCI DSS level 1 at all its data centers throughout Europe and North America. Commercial Benefits With YESpay’s SaaS model, there is no capital investment required for the merchant, just operational monthly service costs. Customers don’t need their own operational staff and physical equipment (such as servers, storage, networks, and virtualization technologies) and can access YESpay’s payment solution over the internet. Service Availability Cloud computing load sharing gives: - 99.99% availability (practically 100%) even during maintenance, upgrades, etc - Multiple load sharing data centers provide auto Disaster Recovery (DR) capability Hence, YESpay is utilizing the cloud computing revolution to impart a fully resilient and “ready for future” payment services to its customers helping them adapt and excel in the ever changing card payment market scenario. About YESpay International Ltd: YESpay is a global payments services company providing highly secure and scalable EMV Chip & PIN, contactless and magnetic credit / debit card, ecommerce and gift card payment processing services to independent and multi-chain merchants. It provides outsourced management payment services anywhere in the world to traditional high street stores, hospitality, leisure, fuel, mail order and web environments. Through EMBOSS™, its Gateway to Managed Payment Services, merchants can quickly accept integrated card payments within their EPOS tills, kiosks, and hospitality payment systems as well as enhance their websites for on-line payments with minimal capital investment and low on-going services costs. EMBOSS is an on-line IP-based payment processing service that has been preaccredited (generically) by major card Acquirers in Europe and North America (including Chase Paymentech, First Data Merchant Service (FDMS), Barclaycard Business, HSBC, HBOS, Lloyds Cardnet, Streamline, Ulster Bank, Elavon, PBS, Amex and Diners). In addition, YESpay’s EMBOSS service is fully end to end certified to Payment Card Industry Data Security Standards (PCI DSS) Level 1 as mandated by Visa and MasterCard. YESpay’s EasyV-Suite of card payment products are innovative and cost-effective solutions for EPOS, Kiosk, Hospitality, Mobile and Internet Websites that combine with the YESpay hosted EMBOSS payment service to enable their merchants to perform credit or debit card payments in both card-present and card-not-present environments. www.yes-pay.com. About YESpay International Ltd Offices: 133 Richmond Street West, Suite 406, Toronto, ONTARIO, M5H2L3 CANADA UK Headquarters: Checknet House, 153 East Barnet Road, Barnet, EN48QZ, UK From USA/Canada Tel: +1 – 416 – 214 - 6012 From UK/Europe Tel. Direct: +44 – 203 – 006 - 3790 # # # See the original story at: http://uk.prweb.com/releases/YesPay/cloud_computing/prweb3812774.htm Other Releases by this Member YESpay and Spektrix Work Together to Support Theatre Ticketing in the UK 2010-03-29