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TxVia, Inc., a pioneer in prepaid card processing technology, today announced that the company has changed its name from TxCore, Inc. and secured $8.5 million in venture capital.  TxVia is the first company to have a live client using a prepaid card processing platform delivered on a “platform-as-a-service” (PaaS) basis. Using its PaaS approach, TxVia quickly and efficiently creates highly customized and fully segregated prepaid card processing platforms. “We utilize PaaS to offer options for our clients that range from outsourcing processing completely to TxVia to bringing processing entirely in-house,” said Aggarwal. “We also offer hybrid options that can evolve over time according to our clients’ needs.” Regardless of the configuration, PaaS users no longer need to share a platform with other organizations and products, and realize significant scalability, competitive, time-to-market, cost and other benefits.