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Cecabank Report 2018
Our business model
All the platform's services and functionalities have been appified in 2018,
allowing entities to choose from different types of integration.
During this year, an entity to which Cecabank does not provide payment
services has been added to its HCE solution, which has involved an
integration challenge for the institution; another 3 entities have been added
too, which are provided HCE wallet payment services.
Processing solutions and
payment methods
We provide high quality services that cover the entire card payment chain,
providing added value and efficiency where required, and as a whole, they
make up Cecabank's DNA: a strategic vision of the client as an ally and travel
companion throughout this industry's innovation and continuous change.
The year 2018 has been noted for launching into the market a series of
added-value solutions in the scope of payments.
Among these, the launching of the DCC (Dynamic Currency Conversion)
service is worth a mention, by means of which Cecabank helps entities
maximise the return of the currency conversion business on its POS network
and cashpoints, using, among others, a smart online price calculation engine
for each currency that significantly improves the client acceptance ratio.
In line with the market's evolution towards mobile payments, Cecabank has
made available to its clients the HCE (Host Card Emulation) services, which
allows integrating mobile phone payments, as well as linking services
to Apple Pay and Google Pay wallets that enhance these mobile phone
payment solutions.
As in previous years, we continue to achieve excellent results in the
fight
against fraud
. Again the institutions processed by Cecabank are the Spanish
leaders in terms of the lowest rates of fraud in transactions thanks to the
efficiency of the Espia system operated by the organisation.
As usual, VISA and MasterCard recognised Cecabank’s full compliance
with the security requirements established in the PCI DSS standard. This
compliance was verified in accordance with the PCI Security Standards
Council by an external auditor certified by the organisation.
Our commitment is to keep researching the market and developing solutions
that bring value to our clients and helping each one of them to grow within
the challenges of regulation and innovation.
A financial APIs Marketplace will
be made available to the entities
in 2019
Dynamic Currency Conversion and
Host Card Emulation, two new
solutions in 2018
VISA and MasterCard recognised
Cecabank’s full compliance
with the security requirements
established in the PCI DSS
standard.
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