Comprehensive payment security solution reduces online cart abandonment

CA Technologies (NASDAQ:CA) has announced the support and enablement of Emirates NBD´s successful initiative to boost customers´ e-commerce activity — and fuel industry growth — by using CA Payment Security Suite, the company said.

Emirates NBD, a bank in the United Arab Emirates (UAE), has greatly reduced fraud, increased the speed of purchases, improved the customer experience and consistently grown its cardholder base year-over-year, which has contributed to the growth of the region´s online economy.

The UAE has one of the highest numbers of physical retail shops per capita in the world and, as a result, was slower in its move toward e-commerce compared to other countries. Recognizing the increasing usage of mobile and other connected devices, and boosted by government initiatives, Emirates NBD developed a multi-year plan with CA Technologies and international payment solutions provider, Network International that would ease consumer discomfort for online payments while also aggressively safeguarding credit and debit card data.

CA Technologies creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate — across mobile, private and public cloud, distributed and mainframe environments. Learn more at www.ca.com.