Last updated on April 24, 2014 at 21:24 EDT

Quatrro Launches Next Generation Integrated Processing Services to Support Card and Mobile Payments

January 22, 2013

ATLANTA, January 22, 2013 /PRNewswire/ –

Quatrro launches integrated processing services that will support Card & Mobile
payments by leveraging VeriFone’s innovative PAYware CMS card management system to offer
end to end issuing and acquiring services for banks, card issuers and merchant acquirers
globally for all payment types.

http://photos.prnewswire.com/prnh/20130122/589145 )

Key benefits of Quatrro’s Processing Services [http://www.quatrroprocessing.com ]
include speed of implementation, ease of configuration at a minimal set-up cost, ease and
speed of any change and modification and global operations. These service offerings will
help banks, credit unions and other financial institutions fulfill the dynamic and ever
changing customer needs, payment modes and patterns with urgency and timeliness that the
marketplace demands without any upfront investments in technology and extensive

The full suite of processing services is fully compliant with the latest payment
standards and requirements mandated by the CARD Act, EMV, PCI-DSS and will be available
for credit card, debit card, prepaid, corporate/commercial cards, mobile payments and
private label cards. Hosted on VeriFone’s PAYware CMS platform, the processing services
will be specially configured and tailor made for mid-market financial institutions
including credit unions, banks and also merchants.

“Quatrro’s service offering will be path breaking as it provides access to
off-the-shelf processing services that support launch of innovative products and services
for the card issuers with quick turnaround times that were not available on a plug and
play basis till now,” said Raman Roy Chairman & CEO of Quatrro Inc.

About Quatrro

Quatrro is a leading Business Services company targeting underserved business
processes and high value-added Knowledge process opportunities. Quatrro provides clients
with innovative solutions delivered via a “best-shore” infrastructure through a
combination of tools, platforms and business processes. In addition to the processing
services, the company offers an integrated suite of risk management services across the
risk cycle spanning credit, fraud and portfolio management. Quatrro’s services include
Processing, Analytics, Transaction Monitoring and a host of proprietary risk management
platforms for Card Issuers, Acquirers, Processors, Online retailers, Merchants, Banks,
Credit Unions, Prepaid and Alternate payment providers.

        Contact Information


        Kevin W. Spear
        Senior Vice President
        Quatrro Processing Services
        Telephone: +1-770-663-8213

        Rest of World

        Sriram Natarajan
        Chief Operating Officer
        Quatrro Processing Services

For more information please visit http://www.quatrroprocessing.com



SOURCE Quatrro

Source: PR Newswire