A platform that creates virtual tokens used for authenticating users during a bank/payment transaction.
Benefits
Low TCO – more cost-effective than a physical authenticator
No downtime – physical authenticators may be misplaced, stolen or broken
Convenience – ensures two-factor authentication without an additional hardware device
Smooth manageability – software authenticators can be distributed, deployed, managed and recovered easily due to the convenience of software portability
A future proof high performance solution for real-time Fraud Detection and Blocking designed for Card Not Present environments, it is a comprehensive solution for issuers that want to provide Risk Based Authentication during 3-D secure to reduce cardholder abandonment rates and increase cardholder loyalty to the offered service; as well as acquirers, processors and retailers that are processing ecommerce transactions and want to secure their business from external fraud and risks. The score indicates the likelihood that the transaction contained in the authorization request is fraudulent or high-risk.
Benefits
Easy integration with merchant, issuer, and acquirer platforms
Simplified operation model with no requirement for artificial intelligence engines that require vendor to configure and maintain
Enhanced profitability and benefit from a low cost of ownership
Reduced fraud risk
Grow and strengthen acquiring business
Maintain market share and acquire new customers
Develop new revenue streams and increase offered services
Improve cardholder experience during checkouts leading to a more frictionless payment
Reduce attrition at the moment of purchase
Increase customer loyalty to the offered service
A complete 3D-Secure authentication platform, for card issuing banks and payment processors, following the payment industry’s 3D authentication specifications and providing authentication services for issuing banks, enterprises, government and third-party application service providers. The solution comes with various card enrolment options and with latest authentication solutions on the market.
Benefits
Reduced risk fraud and enhanced protection
Safety against fraud losses
Greater customer satisfaction
Increased sales
Enhanced international card acceptance
Increased merchant satisfaction
A sophisticated Payment Gateway for Card-not-Present transaction processing and management; simplifying the way that cardholders and merchants are integrating during the payment process, without compromising security.
In a world of digitalization, it is all about consumer satisfaction and seamless customer experience at all points of interaction. VPOS constitutes a complete solution that enables Acquirers, Processors, PSPs, Retailers to process e-commerce transactions utilizing different payment options and methods, in a multicurrency environment, with advanced security and performance.
Benefits
By implementing the VPOS solution, acquirers and processors have multiple benefits such as:
Control budgets, enhance profitability and benefit from a low cost of ownership
Less certification, compliance and processing costs in case solution is hosted by the Solution Provider
Grow and strengthen acquiring business
Maintain market share and acquire new customers
Develop new revenue streams and increase offered services
Improve cardholder experience during checkouts leading to a more frictionless payment
Reduce attrition at the moment of purchase
Increase customer loyalty to the offered service
For banks the benefits span different departments such as the Cards division, the New Channels department, the Risk Management department, Compliance and Marketing teams alike.
PA-DSS certified software – PCI-DSS certified Hosted infrastructure
Secure and reliable real-time transaction processing
Easy report generation, payment settlements
Enables multiple-currency payments
Customized gateway as per the payment process requirements of individual entities.
Integrates with other channels such as website, Call Center, Mobile Devices and Batch processing.
Protects merchants or corporations from any misuse or fraud attempts.
Software with all payment functions & modules (TMS, RKL) in the cloud, offered as a service. The solution incorporates all traditional and new POS functionalities into an thin client at the POS, with all the business and security logic transferred to the cloud
Benefits
Reduced dependency on HW
Swift feature additions without limits
Easily retrievable information from the cloud
Fast and easy implementation
Advanced report and analytics
Unlimited host access and protocols
Enhanced security
As one of the largest providers of POS HW terminals in the region, Transaction Systems has also developed a true multi-vendor POS payment application.
The payment application stores, processes, or transmits cardholder data as part of authorization or settlement, simplifying and streamlining critical aspects of payment operations by providing faster and more accurate transactions as well as simplifying the daily sales reconciliation process.
The application is designed for multiple protocols, processor and card types, with advanced single point management system, and built according to PA DSS standards. It also supports various models and platforms: desktop, mobile, wireless, mPOS and unattended.
Technical Data