ElectraCard Services (ECS) today announced it has earned Oracle Exadata Optimized and Oracle Exalogic Optimized status through Oracle PartnerNetwork (OPN), demonstrating that electraSWITCH iTx series has been tested and tuned on Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud to deliver speed, scalability and reliability to customers. ElectraCard Services provides payment solutions for Fortune 500 companies, is one of the oldest payment systems in India and is a Gold level member of OPN.
ECS’ electraSWITCH iTx series achieved 12000+ TPS (transactions per second) on Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud, representing a 3x performance improvement compared to previous tests on competing platforms. Eliminating bottlenecks and maximizing the price performance has also resulted in optimal TCO. The electraSWITCH iTx series is the latest innovation in the evolutionary progression of the electra™ EFT switch platform that drives ATM, POS, and mobile payments networks worldwide. The iTx series combines cost efficiency with high performance change management, and a friendly, secure payment solution. The iTx series offers a feature-rich, best-in-class product designed to support EMV, multiple institutions and currency issues, time zones and language enabling users to consolidate existing platforms while catering to their disparate needs.
Oracle Exadata Optimized and Oracle Exalogic Optimized are part of the Oracle Exastack Optimized program which allows partners, such as ECS to leverage OPN enablement resources and dedicated lab environments to help develop, test and tune their applications on Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud engineered systems. The Oracle Exadata Database Machine is the only database machine that provides extreme performance for both data warehousing and online transaction processing (OLTP) workloads, making it the ideal platform for consolidating onto private clouds. It is a complete package of servers, storage, networking, and software that is massively scalable, secure, and redundant. Oracle Exalogic Elastic Cloud, is a superfast engineered system designed and optimized for running Java, Oracle Fusion Middleware and Oracle applications with high throughput and the lowest total cost of ownership. Oracle Exalogic Elastic Cloud offers customers best choice for extreme data center performance, reliability, scalability, a lower total cost of ownership and faster time to market.
By achieving Oracle Exadata Optimized and Oracle Exalogic Optimized status, Oracle recognizes ECS for developing, testing and tuning electraSWITCH iTx series on Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud. This accomplishment is a testament to ECS’ ability to deliver the extreme performance and reliability customers require.
Mr. Ramesh Mengawade, CEO, ElectraCard Services said,“electraSWITCH on Oracle Exadata Database Machine powers banks to progressively help transform their operations on a modern business platform. This will also help banks to scale seamlessly to meet their escalating transactional volume requirements. ECS’ electraSWITCH running on Oracle Exalogic Elastic Cloud will help enable applications to run faster, with easier manageability and less maintenance. We are pleased to have achieved Oracle Exadata Optimized and Oracle Exalogic Optimized as it signals to our customers that we are equipped to help make their businesses efficient, help them overcome scalability and redundancy challenges, and help them bring their products to market faster and better than before.”
With Oracle Exadata Optimized and Oracle Exalogic Optimized status, ECS will receive access to corresponding Oracle branding, logos and related benefits to effectively differentiate their offerings.
“Oracle Exastack Optimized recognizes partners who have optimized their solutions on a complete, integrated and cloud-ready infrastructure in order to help them accelerate innovation, unlock new features and functionality, and deliver superior value to users,” said Chris Baker, Senior Vice President, Worldwide ISV and OEM Sales, Oracle. “By achieving Oracle Exadata Optimized and Oracle Exalogic Optimized status, ECS has demonstrated its electraSWITCH iTx series is tested and tuned to work with Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud to help deliver optimum performance, scalability, and reliability to their customers.”
About ElectraCard Services
ElectraCard Services (electracard.com), a subsidiary of Opus Software Solutions, provides third party processing services for credit and payments management across the world. ECS is a PCI DSS certified Third Party Processor (TPP) for MasterCard® and VISA® across the issuing and acquiring side. Its deep domain knowledge, extensive global experience and cost effective solutions address the speed to market and flexibility challenges of today’s market.
ElectraCard Services enables financial institutions, retailers, finance companies and corporations to electronically process, in real-time, any type of payment transaction, including credit, debit, pre-paid, smart cards, and ACH. In addition to typical back office processing, ECS also offers ecommerce gateway and switching solutions. Its solutions support multiple institutions, multiple currencies, and varying processing requirements on a single platform.
By providing comprehensive and flexible solutions that can be deployed to a market of one, ElectraCard Services offers unmatched services and solutions.
About the Oracle Exastack Program
The Oracle Exastack program helps enable Independent Software Vendors (ISVs) and other members of Oracle PartnerNetwork (OPN) to rapidly build and deliver faster, more reliable applications. Leveraging the Oracle Exastack program, qualifying OPN members have access to Oracle performance experts and dedicated labs for testing and tuning their applications on Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud. Customers can be confident when selecting Oracle Exastack Optimized applications that they have been tested and tuned to achieve optimal performance, scalability and reliability. Also part of the program, Oracle Exastack Ready is dedicated to helping ISVs run their solutions on the latest major release of Oracle Exadata Database Machine, Oracle Exalogic Elastic Cloud and their component products, including Oracle Database, Oracle WebLogic Server, Oracle Solaris, Oracle Linux and Oracle VM. These products provide partners with a lower cost and high performance infrastructure for database and application workloads across on-premise and cloud based environments.
About Oracle Partner Network
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized (oracle.com/partners) offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success.
Oracle and Java are registered trademarks of Oracle and/or its affiliates.
®MasterCard is a registered trademark of MasterCard International, Incorporated.
®VISA is a registered trademark of VISA International Service Association.
electraSWITCH is under trademark and copyright by ElectraCard Services.
electra is under trademark and copyright by ElectraCard Services.
For more details on this release, please contact:
Suman Sharma / Akansh Agarwal - Ketchum Sampark PR
M: +91 8600113106 / +91 9960977772
E: suman.sharma[.]ketchumsampark.com / akansha.agarwal[.]ketchumsampark.com.