M2 Payment Solutions introduces authENGIN v2.0 designed to meet the needs of the global payments and future markets ranging from mobile transaction processing to consumer incentive programs.

MAITLAND, Fla., Dec. 21, 2012 /PRNewswire-iReach/ -- M2 Payment Solutions has successfully released its latest version of authENGIN based on its flagship transaction processing platform, ENGIN. This latest version is designed to support prepaid card services and the rapidly growing global markets for mobile payments, electronic wallets, consumer incentives, government services, remittance and related emerging market services. 

In addition to increased market functionality, 2.0 delivers higher performance and reliability with an unprecedented low cost per transaction. To meet the market demand of the rapid growth of internet transaction processing, 2.0 will operate on the recently announced ENGIN AIR product which enables independence between web presentment and application servers with a fault tolerant distributed system making all of an enterprise's services transparently scalable.

The ENGIN platform has enabled M2 to deliver diverse vertical market solutions across several industries including: payments, healthcare, government entitlement, fleet management, and logistics. Our continued development efforts toward both new performance architecture and diverse market functionality uniquely position M2 as a technology leader in transaction processing solutions.

"Our latest product releases will enable M2 to continue our long history of exceptional performance and unique product capability across vertical markets." according to Joel Harris President of M2 Payment Solutions. Adding,  "Exciting new payment processing product development efforts are already underway utilizing the new 2.0 version".

About M2 Payment Solutions:

M2 Payment Solutions specializes in marketing and implementing payment transaction processing solutions across global markets primarily focused on prepaid and ecommerce gateway solutions.  As part of the M2 Systems family of companies we jointly design and develop solutions for both established and emerging markets and with a 25-year track record of architecting, developing and implementing highly scalable transaction processing software, facilitating billions of transactions yearly. M2 Systems and M2 Payment Solutions are widely recognized as leaders in performance engineering and payment solutions.

Media Contact:

Brantley Muscato M2 Payment Solutions, 407-551-1318, brantleymuscato@m2paymentsolutions.com

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SOURCE M2 Payment Solutions

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