Lyra Network India introduces new MPI to facilitate 3D-secure verification

New Delhi, Aug 8 (KNN) Lyra Network, a FinTech venture headquartered in France and one of the finest networks in India has recently announced to introduce the latest version of Lyra merchant plug-in (MPI) to boost Digital India campaign. This new MPI platform will help e-commerce merchants preventing credit card frauds.

Expressing delight on this milestone, Rajesh Desai, CEO & Director of Lyra Network India said, India has always been a crucial market for us and in the last ten years, we have come a long way in digitizing the business transactions.

He said that the opportunities in the Indian market are huge because it is continuously evolving.

With the Digital India movement, “We have been witnessing a surge in online transactions and our team is relentlessly working with the aim to ensure a smooth transition to digital payments by availing our clients, a secure transaction with no failures”, he added.

Lyra Network offers technology services in the entire spectrum of sectors like banks, e-merchants, financial institutions, railways, and transport.

It also provides innovative payment management tools and a highly secure environment to deliver the payments worldwide. It provides connectivity to nearly six lakhs POS devices across the country.

The company has successfully completed 10 years in India and establishing itself as a leader in securing and managing payments in India.

 Lyra was the very first venture under Fintech industry banner in India to introduce secure connections with intelligent platform for Point of Sales (POS) terminals with 2G / 3G / 4G and PSTN technology which proved to be a major disruptor in the use of POS in India.