NST Group is a provider of secure payment transport and infrastructure systems, offering innovative solutions that facilitate the seamless migration, expansion, and growth of digital payment services. Their flagship product, Secure Transaction Cloud , is a cloud-based payment routing and processing application designed to handle high volumes of digital payment transactions, including Real-Time Payments, Account-to-Account payments, and emerging payment methods such as CBDC/Crypto, Open Banking, Web3, and Metaverse payments.
Key Features and Functionality:
- Cloud-Based Payment Processing: STC provides a virtualized environment for secure payment acquiring, processing, and issuer processing, ensuring high availability and performance.
- Advanced Data Security: The solution incorporates point-to-point encryption and tokenization to safeguard payment transactions, utilizing Google Cloud HSM's advanced encryption capabilities.
- Intelligent Routing Capabilities: STC offers sophisticated routing and switching functions, enabling efficient and reliable transaction processing.
- Comprehensive Networking Functions: The platform supports various payment methods, including internet/web payments, e-commerce, mobile payments, wallet payments, POS/POI transactions, and ATM transactions, all compliant with PCI standards.
- Scalability and Flexibility: Leveraging Google Cloud's globally available platform, STC ensures enhanced scalability, significant processing power, and robust redundancy to meet the growing demands of the payment industry.
Primary Value and User Solutions:
NST Group's STC solution addresses the critical need for secure, scalable, and efficient digital payment processing. By offering a cloud-based platform with advanced security measures and intelligent routing, STC enables payment providers—including PSPs, PayFacs, Acquirers, Processors, Banks, FinTechs, and MNOs—to rapidly deploy and scale their digital payment services. This facilitates seamless migration to the cloud, supports the expansion of payment services, and accommodates high-volume transaction growth, all while maintaining compliance with industry security standards.