Switch calculates expected commissions based on multiple processing variables to choose the optimal transaction route. Eft is the only psp that possess the skills to technically manage national scale financial transaction switches. Most of the time postilion switch software servers are set up in a the transaction processing architecture that inetco insight is being used to monitor for. Postilions high availability payments platform goes live at the foschini group. For your b2c and b2b domestic and crossborder payment business. Aci develops a broad line of software focused on facilitating realtime electronic payments. Cardtronics, the worlds largest atm operator, expands its offerings for. The postilion solution enables stena line to operate in a paneuropean capacity for all payment requirements including chip and pin. Switchg card management and electronic transaction. Way4 payment switch universal payment hub, pos switch. Availability and expertise of the sdks ensures local development capability of interfacing our atm switch to various cbss and operational systems.
This paper is from the sans institute reading room site. Software is developed utilizing ace adaptive communications environment which is a multiplatform middleware that handles communications, events and multithreading. Postilion s high availability payments platform goes live at the foschini group. Tango operates as a truly integrated processing engine allowing full support for traditional payments processes such as high availability and fraud detection. Mastercard file processing solution afferent software. Offer so much more than cash transactions by tapping into the true potential of the automated teller machine with a solution which is. Payment switch, ecommerce gateway, universal payment hub, sepa, psd2, instant payments, smart routing. Pierre naude, senior vice president and general manager of postilion americas, said, the solutions reduce transaction processing time and the instore hardware footprint. Postilion meets all business needs in the areas of selfservice banking, whether atm or pos driving, retail internet banking, business internet banking, voice banking or mobile banking. Through our comprehensive suite of software solutions delivered on customers premises or through acis private cloud, we provide realtime, immediate payments capabilities and enable the industrys most complete omnichannel payments experience. Cash n go chooses postilion transaction processing. Postilion solutions for financial institutions receive. Postilions high availability payments platform goes live.
Postilion for banks and processors is an integrated consumer payments processing solution for banks, processors and financial institutions who require a fullfeatured payments engine with strong capabilities in card acceptance and merchant acquisition, integrated with backoffice capabilities. Transaction processing systems software jobs, employment. Chargebee integrates with leading payment gateways around the world to let you automate payment collection, invoicing, email notifications, and customer management. Stena line selects mosaic software for satellitedriven on.
Stena line selects mosaic software for satellitedriven onship transaction processing. Apply to software engineer, system engineer, java developer and more. Wherever consumer transactions originate mobile, internet, atm, pos, branch postilion can process them providing a single hub for all payments, removing the complexity and risk of channelbased systems. Examples include systems that manage sales order entry, airline reservations, payroll, employee records, manufacturing, and shipping. Business computers and internet commercial banks financial software graphics software online transaction processing. Ghipss integration of uepsnet1 interface with postilion switch for biometric data processing. Cardtronics to install s1 postillion for atm network management. Fahad iqbal principal solution architect aci worldwide. Postilion is a modular family of products designed for banks and credit unions that require a solution that can be deployed quickly and is easily supported. Cardtronics to install s1 postillion for atm network. Transaction processing systems az of business terminology duration. Payment switches are transactionbased software systems that can be built internally or bought offtheshelf. Postilion is a modular, futureproof solution that provides stena line with unrivalled costeffectiveness, scalability.
Save money and streamline your business with seamless payment processing. Dallas retalix, a provider of enterprisewide software solutions for food retailers and distributors, has announced an alliance with postilion inc. Postilion provides banking transaction switching software that routes financial transactions. Our tailormade processing system coordinates and simplifies the flow of transactions among a complex network of. It is the collection of different interrelated tasks and processes that must work in sync to finish an overall business process transaction. Authentic is an intelligent transactionprocessing platform designed for todays fastchanging payments business. The universal payment hub software that orchestrates channels and systems online. These products and services are used globally by banks, financial intermediaries such as thirdparty electronic payment processors, payment associations, switch interchanges, merchants, corporations, and a. Switch tools is afferent softwares new, exciting range of epayments switch support utilities. Our mission is to provide the most effective, efficient, economical and secure. Whether youre an acquirer, issuer, central switch, bank or processor handling card transactions, alternative payments or realtime payments, authentic offers the flexibility and agility you need to meet todays demands and tomorrows innovations. Integrated conversion server or as container microservices architecture. Download online transaction processing platform for free.
Chargebee is a pci level 1 certified recurring billing platform for saas and subscriptionbased businesses. When i get on the drive of fintech, i myself was confused a lot about these stuffs. Retalix, postilion switch on travel centers, cstores. Union national bank decided to replace the existing open2 payment processing switch with postilion payment processing switch so that unb could provide the latest and most advanced services to. These are integrated into the architecture as part of standard product, reducing dependence on 3rd party software and removing any associated compatibility issues.
We helped an international retailer to save 15% in credit card processing rates by. Integration solutions with base24, alaric, postilion, way4 and other big platform systems. Aciw is a payment systems company headquartered in naples, florida. Eft corporation limited is a special purpose enterprise committed to providing state of the art electronic funds technology solutions using its exceptional base of experience and skill, to the african financial and retail markets. Threshold to deploy postilion payment switching, atm. Postilion switches can also be deployed in an activeactive environment to ensure higher atm and pos network availability. Bankworld switch is a next generation solution and is highly scalable, with the capability of processing an unlimited number of transactions and devices. Switchterminal operating, card issuingadministration and transaction processing services available in.
Depending on the nature of the data, postilion switch architecture the data migration is always less of a risk to postilion switch architecture migration project, not postilion switch. Efficient transaction switching and transaction management capability means the postilion switch can be connected to various gateways for issuer and acquirer processing. Postilion deploys its payment processing software in 15th. Security for online transaction processing in a white label financial switch fabian soler. The payment switch is a tool that empowers merchants to build redundancies, extend their networks, and effectively route transactions. A transaction processing system tps is a software system, or softwarehardware combination, that supports transaction processing. Transaction processing is a way of computing that divides work into individual, indivisible operations, called transactions. Utilizing postilion with up retail payments enables you to leverage an end. Cash n go chooses postilion transaction processing norcross, ga. Theinstallation will include online payments authorisation for its fleet of 32vessels and transactions from travel centres, ports, and freight checkin aswell as cardnotpresent. Give your customers an instore payments experience that mirrors the dynamic digital payments they enjoy while shopping online.
One of the worlds leading providers of selfservice banking and payment software, postilion, has won a bid to install its software on bankom, ugandas interbank switch. Transaction processing systems consist of computer hardware and software hosting a transactionoriented application that performs the routine transactions necessary to conduct business. Inetco insight was the only endtoend transaction monitoring solution found to effectively monitor every hop, of every transaction, postilion switch architecture each moves through its postilion switch architecture, transaction path. Most of the time postilion switch software servers are set up in a relatively simple fashion, whereby transactions flow into the switch, which then sends them through to their appropriate destination per the image below. Zenith bank ghanaimplementation of visa point of sale transaction acquiring on postilion switch visa certification 9. Senanu ametame payment specialist eftcorp linkedin. The solution provides onlinepayment capabilities and posttransaction processing for stena line. The switch acts as an access point, connecting these. Easy, safe and convenient, acis solution provides a high level of service and security to create unyielding confidence and promote loyalty and repeat visits from satisfied customers. Iso8583 payments simulator, converter, router, issuer. Safely achieving that growth demands flexible connectivity to the worlds payment networks. Atebank of greece switches to s1 transaction processing.
Banking and retail online transaction processing platform. Accelerate innovation and reduce costs and complexity with an integrated consumer payments processing solution for banks, processors and financial institutions. The postilion activeactive solution missioncritical payment systems are under pressure to support the requirement of 247 processing. Our atm switch solution supports a wide variety of payments including cards, atm and pos, as well as mobile, internet and kiosk banking transactions. This is the ultimate software solution for getting the best out of the complicated and inconvenient reports generated by mastercards complex files. Postilion, a leading global provider of integrated solutions for selfservice banking and payment processing and a division of s1 corporation, today announced visa payment application best practices pabp validation of postilion applications used by banks and credit unions.
Atebank of greece switches to s1 transaction processing platform. Scale with any cluster service for independent services, on any cloud. Identify deployment architecture endtoend planning of. Transaction processing is the process of completing a task andor userprogram request either instantly or at runtime. This video demonstrates the small introductory discussion about iso8583. Postilion wins uganda switching deal network world. Switch iso8583 messages on bin, amount, terminal route to database, web host, standin, cards host preauthorize, screening, security checks. Postilion deploys its payment processing software in 15th african country april 24, 2008 london, england postilion, a leading provider of software solutions for selfservice banking and payments and a division of s1 corp. Designed to require minimal configuration, but equipped to allow detailed customisation, the switch tools products offer unprecedented improvements in functionality, allowing for a number of previously difficult tasks to be carried out at the touch of a button.