Gala Technology, the innovative UK-based company behind the secure and PCI DSS compliant 'Cardholder Not Present' (CNP) payment solution, SOTpay are celebrating more industry recognition after picking up a prestigious accolade in America.
The Fintech outfit amazingly retained the ‘Best International Card Not Present’ solution crown at the CNP Summit Awards, for the 4th successive year, where the cloud-based technology was judged to ‘most effectively meets the specific needs of merchants that accept CNP payments.’ by enabling them to process secure transactions via telephony, web chat and social media platforms.
The awards program is designed to honour the companies, programs and solutions that have distinguished themselves in the card not present space throughout the year and Gala Technology were deemed to be the payment provider, located outside the U.S. that most effectively meets the specific needs of merchants that accept CNP payments.
SOTpay, enables cardholders to complete secure remote transactions, on their personal device without divulging card data to a third party. Payments are authenticated, providing liability shift for the merchant, consequently eliminating the risk of fraud-related chargebacks and are processed in a PCI DSS compliant environment, in a manageable and cost-effective way.
Jason Mace, Chairman of Gala Technology stated ‘We are thrilled to receive this prestigious international award, incredibly for the fourth year in succession. What makes this one special, is that our clients and strategic partners have played a crucial role in the decision making. This demonstrates that not only do we supply essential security and functionality for merchants accepting CNP payments, but it also highlights our outstanding customer service and relationship management, which have proved critical as we continue to battle through the global pandemic and increased fraudulent attempts’
