Under the accelerating process of globalization and increased rate of cross-border payment fraud, financial institutions and businesses are becoming more proactive in implementing fraud management initiatives and prevention programs. In recognizing the growing demand for enhanced payment security, HiTRUST offers flexible implementation modes tailored to your needs.
While some companies prefer to choose HiTRUST's EMV 3-D Secure and Risk Management solutions as SaaS, other organizations such as banks and E-commerce platforms prefer to implement our products and services on-premise. There are certain benefits and limitations to each of the implementation options, however, depending on your needs and priority, we can always provide you with the most convenient one.
The payment security industry now offers both SaaS and On-premise solutions with short integration time. For HiTRUST, we often advise our clients to choose the option which matches better with their needs, budget, relative government policies, and of course the nature of their internal system.
Below is a comparison between Cloud service and On-premise and a couple of things we think would be definite gains if you're looking into onboarding an On-premise solution.
|Hardware||X||Deployed into your in-house hardware that meets the specifications|
|Maintenance & Upgrade||By HiTRUST||By you, under the assistance of HiTRUST (Additional fees may apply)|
|Certification||By HiTRUST||By you, under the assistance of HiTRUST (You will be responsible for the certification fee charged by card schemes)|
|Quotation||Annual/ monthly fee and transaction fee||One-time project|
These are the things that your organization would be able to leverage should you choose to go on-premise.
When implementing a fraud prevention program on-premise, you will gain tighter, or to better put it, absolute control over your data. If you currently have or are intending to build up an in-house team for fraud management, HiTRUST's on-premise solution does the magic of allowing greater oversight of access controls, data management and storage, and security protocols.
On-premise solutions offer greater flexibility to fit the unique needs and requirements of your organization, or even the specific data management and risk policies of the country you're located in. We have had experience where our clients specifically demand on-premise solutions because their operating country requires that the hosting server be located domestically.
By hosting the fraud prevention solution on-premise, your organization can reduce the reliance on external networks. This independence frees you from potential vulnerabilities and mitigates the risks of disruptions or delays caused by any external factor. Consequently, your organization is more proactive in responding and managing your fraud prevention system.
As independent as it sounds, HiTRUST experts are always available to help you whenever you need. We completely understand that on-premise customers will have their concerns about the level of support we could provide should there be any issues. To ease your worries, we're thrilled to let you know that our customer service is always ready to serve, we're only a message away.
Until today, these clients are using HiTRUST 3DS On-Premise solutions.