Merchant acquirer’s margins are being squeezed as regulatory pressures keep fees low. So you are looking for technology that delivers a streamlined payments processing system covering all in store payment options whether contactor contactless or using magnetic stripe, EMV or QR code. And you will be growing your business into new markets so will be looking for off the shelf support for terminal formats such as UK standard 70, SPDH, Hypercom as well as the new Nexo ISO 20022 formats. As you partner with Fintechs to offer new services such as paying utility bills the system needs to be extensible to handle new offers while handling different requirements across each geography.
Support range of POS devices and message formats
Mapping technology allows the quick creation and management of connections to internal and external systems with off the shelf definitions for many card schemes
Fraud detection solution available specifically geared to merchant fraud