Japanese Payment Company Selects HPE GreenLake Edge-to-Cloud Platform to Support Critical Settlement Services and Process Increased Credit Card Transaction Volume
TOKYO, October 07, 2021– (COMMERCIAL THREAD) – Hewlett Packard Enterprise (NYSE: HPE) today announced that CARDNET, Japan’s leading credit card payment network, has selected the HPE GreenLake Edge-to-Cloud Platform to provide a robust and agile cloud service and meet the growing demand for digital payment and settlement services in Japan. The new HPE cloud service will deliver increased performance, capacity and availability to cope with unpredictable market movements and accelerated adoption of online payments.
Founded in 1995, CARDNET is the leading credit card settlement agency in Japan and serves as an intermediary between merchants, credit card companies and financial institutions across Japan. It provides a payment and settlement platform that ensures smooth shopping experiences for credit card and other cashless transactions. CARDNET has seen a rapid increase in demand as consumers and businesses increasingly favor online and digital transactions, with the total number of transactions in 2020 reaching 118% more than the previous year. In addition, the country’s Ministry of Economy, Trade and Industry has set a target of 40% cashless payments by 2027 in Japan.
CARDNET needed to modernize its settlement platform to cope with the rapid growth in transaction volumes. HPE GreenLake delivers the simplicity, ease, and agility of the cloud experience through a pay-as-you-go model while ensuring data security and compliance. The platform can scale with fluctuations in business demand, providing more flexibility and agility for CARDNET to handle unpredictable demand.
“We were looking for a solution that gives us the reliability and security we need for an essential payment service, as well as a flexible and agile solution to handle unpredictable market conditions.” said Yuji Nakamoto, executive vice president of host system development, CARDNET. HPE’s track record of delivering reliable and fault-tolerant systems to the financial services industry gives us complete confidence in the HPE GreenLake Platform to support the new payment platform and handle the massive increase. credit card transactions. “
HPE works closely with Tokyo-based system integrator and service provider, TIS Inc, to deliver the payment system. The solution, delivered as a cloud service through the HPE GreenLake platform, uses the HPE Superdome Flex server for in-memory processing and critical capacity to ensure always-on performance. It also leverages HPE XP8 storage for high-performance storage to provide 24-hour access, high availability, and twice the batch processing performance of the legacy system. The solution synchronizes data with remote sites in real time, enabling rapid service failover in the event of a large-scale disaster.
âWith the recent increase in cashless payments in the country, it has never been more important to produce a resilient platform that can connect merchants of all types, in various industries, with credit card companies and retailers. financial institutions “, added Hirokazu Mochizuki, Managing Director, HPE Japan. âWith the HPE GreenLake Edge-to-Cloud Platform, we can reshape CARDNET’s core systems to be manageable and flexible in such an unpredictable business climate, allowing them to comfortably handle the growing demands of digital transactions. “
The HPE GreenLake Edge-to-Cloud Platform provides customers with a powerful foundation to drive digital transformation. The HPE GreenLake Platform can run on-premises, at the edge, or in a colocation facility, and combines the simplicity and agility of the cloud with the governance, compliance, and visibility that come with hybrid IT. HPE GreenLake offers a range of cloud services that accelerate innovation, including cloud services for analytics, bare metal, compute, container management, basic payment systems, data protection, medical records electronics, 5G, HCI, high performance computing, machine learning operations, networking, risk management, SAP HANA, storage, VDI and virtual machines. The HPE GreenLake business is growing rapidly with more than $ 5.2 billion in total contract value and 900 partners selling HPE GreenLake. Today, HPE GreenLake has approximately 1,200 enterprise customers in 50 countries across all industries and sizes, including Fortune 500 companies, government and public sector organizations, and small and medium-sized businesses. For more information on HPE GreenLake, please visit: https://www.hpe.com/us/en/greenlake.html.
Since its inception in 1995, CARDNET has developed a series of credit card payment services as a safe and secure social infrastructure so that merchants, card companies and global users can make payments their way. Through the provision of superior features and services and enhanced information security, CARDNET contributes to the development of customers’ businesses with added value such as improved operational efficiency and stable system operation, and continues to evolve towards achieving a cashless future. For more information visit: https://www.cardnet.co.jp.
About Hewlett Packard Enterprise
Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate results by unlocking value from all their data, everywhere. Building on decades of reinventing the future and innovating to change the way people live and work, HPE delivers unique, open and intelligent technology solutions delivered as a service – spanning compute, storage, software, Intelligent Edge, high performance computing, and mission-critical solutions – with a consistent experience across clouds and edges, designed to help customers develop new business models, engage in new ways, and increase operational performance. For more information visit: www.hpe.com
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