Lyra Network announced to introduce the latest version of Lyra merchant plug-in (MPI) to boost the Digital India campaign. This new MPI platform will help e-commerce merchants preventing credit card frauds.
The platform operates on its own MPI to facilitate 3D-secure verification which will help in preventing credit card frauds which are on the rise these days.
Lyra Network provides connectivity to nearly six lakh POS devices across the country. It 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.
The company is working with e-commerce merchants in the country to achieve a higher success rate for them.
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