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Verinite parachuted to ensure seamless card migration from ElectraCard to FirstVision Platform for a Bank in India
Once again, Verinite is pleased to announce its new client win in India to support credit card migration. Verinite will be providing Independent Testing and Scheme Certification Services for migration of credit card’sportfolio onto First Data’s FirstVision payments processing platform.
Client is first among the new-generation private banks in India with headquarters in Mumbai. Bank commenced its operations in 1994, and now offers retail, commercial, transactional and electronic banking products and services. Bank is known for churning out first of kind services/innovations which further improve a customer’s banking experience. Bank offers Visa, MasterCard and AMEX credit cards to it’s retail and corporate customers and is planning to migrate its credit card portfolio onto First Data’s FirstVision platform.
Verinite has been selected by the Bank to support this card migration project. Client’s credit card portfolio is currently being processed on MasterCard’s ElectraCard platform. As part of the migration project, the card portfolio will be migrated on the FirstVision India Hub platform. Verinite will be responsible for testing data migration, functional testing on new platform for existing functions that includes base and customizations & testing integration of the new system with existing satellite systems to ensure a error-free and seamless migration. Also, Verinite will be responsible for issuing online/offline certification support for Visa, MasterCard and AMEX schemes.
Verinite is confident to execute this project successfully with its proven track record in executing similar data migration engagements, deep testing expertise, experience of FirstVision processing system/ platform and cards domain expertise.
New client wins are always fulfilling but some wins are more special. This is one such win. We are glad to be associated with a client who not only entrusted in our values and differentiated proposition but also honored our hard work and perseverance. This is 4th client for team Verinite in the India as we continue to strengthen Verinite’s position as preferred services partner for cards related projects for banks in emerging markets in Asia.