MYHSM, the global provider of Payment Hardware Security Modules (HSM) as a Service has revealed positive consumer engagement off the back of its partnership with one of Mexico’s leading ATM service providers, RedBlu.
RedBlu, part of the Walmart Group, hosts over 300 ATMs across Mexico and is also a partner of Mexican bank, CIBanco. The company offers a personalised experience allowing customers to select their preferred banknotes with an easy to use, clean and modern interface. In addition, RedBlu can store customers’ most popular withdrawal activity, enabling it to deliver a highly convenient and efficient service.
John Cragg, CEO of MYHSM, commented: “We’re delighted to support RedBlu in an incredibly exciting time of its growth journey within the Walmart group, by enabling it to achieve its goals across Mexico with a fully modernised payment infrastructure. By migrating to MYHSM’s fully managed service, RedBlu has eliminated all data centre costs and significantly reduced operational costs including staffing, vendor support contracts and the costs associated with replacing end of life HSMs.”
It comes as the firm develops ambitious growth plans for 2021, with RedBlu partnering with MYHSM to scale its HSM capabilities from a single payShield 9000 in a local data centre to MYHSM’s Shared Live Service.
Carlos Torres, RedBlu’s Technical Leader, added: “I have nothing but praise for the MYHSM service. Once we put all the pieces together in our solution, with the help of the MYHSM team, the migration was a breeze, and the key exchange procedure was a perfect example of a well-defined, secure, fast and reliable process. We can now invest our time and resources on developing new products and functionalities using the broad variety of commands provided by MYHSM.”