ROMCARD – 20 YEARS OF EXISTENCE AND 10 YEARS OF 3DSECURE
Romcard SA is proudly celebrating 20 years of existence and 10 years of implementing 3DSecure services in Romania.
ROMCARD means:
• First card processing center in Romania
• 20 YEARS of experience in card processing field
• Processing agreements with more than 15 banks.
• The only full 3DSecure (issuing/acquiring) certified entity in his region
• More than 850 distinct ecommerce terminals managed
• 12 million 3DSecure cards managed
• More than 1 million transactions per month in national switching scheme
• More than 50 million International transactions per year
• Switching capacity of about 8 transactions per second
• Mastercard – Member Service Provider
• Visa – Visanet Processor
• Mastercard and Visa Vendor Certification (Physical and Logical Security)
• VbV Certification
• EMV Certification (Issuing and Acquiring switching)
• Visa (Base I, Base II, SMS) and Mastercard direct connections
• FTP Services with international organisations
• Secure FTP Services with local customers
3DSECURE IN ROMANIA
• February 2003 – Romcard VbV launches offer based on 3D Secure 1.0.2 standard
• September 2003 – Romcard began implementing Issuing & Acquiring processes for 4 major banks
• December 2003 – Romcard project was declared Pilot Project by Visa CEMEA;
• February 2004 – All acquiring tests were successfully completed;
• March 2004 – All issuing test were successfully completed;
• 25 March 2004 – First e-commerce transaction in production;
• November 2010 – ADS (Activation During Shopping) available for issuing banks;
• December 2010 – ecommerce installments available for acquiring banks;
• September 2011 – 3DSecure recurring is available for merchants;
• 2013 – ecommerce integrator and e-wallet developed for acquiring banks;
• 2014 – One time password during development for issuing banks.
ROMCARD – 3DSecure in figures
Acquiring volume in 2013: 5,758,831 transactions – 220,575,923.32 EUR.
12 million Visa/MasterCard cards enrolled by the end of March 2014