Payment solutions and merchant services for acquirers

The payment acquiring lifecycle is complex one because of the presence of a large number of intermediaries and an ever-changing compliance and security environment. In addition, alternative payment mechanisms are eroding the merchant and consumer base of acquirers and squeezing operating margins.

Opus consultants have a wealth of experience providing solutions for payment acquirers. Our solutions span the traditional branch office, POS/ ATM/ kiosk device handlers, alternative payment systems and m-commerce and e-commerce solutions. We build parameter or rules-based systems that improve operational efficiencies, strengthen partner relationships and reduce cost of operations.

 

How Opus can help your organization

• Quick time to market for solutions with the  help pf reusable code base, payment tools & infrastructure (including simulators and testing systems)
• Enable legacy systems for Web and mobile platforms for merchant services and ISO self-service

Our solutions cover Merchant Services, Reconciliation & Settlement Systems, E-Commerce solutions. Interface Certifications and POS application programming and POS device handlers.

• Merchant Services: Boarding, fee and residual management systems
  1. The Web-based merchant boarding framework enables sales agents / ISOs to process new merchant applications from multiple locations. It also allows for online credit decision-making through a parameterized rules-based engine with interfaces to credit bureaus.
  2. The flexible fee and residual management system enables acquirers to effectively manage remuneration to sales teams and extended sales teams.
• Reconciliation & Settlement Systems
  1. Framework for managing reconciliation between the front end payment switch and partner networks, payment associations and ATM/ POS channels. The framework supports the following:
     1. Chargeback life-cycle management
     2. Flexible fee structure
     3. Interfaces with host systems for account updates
• E-Commerce solutions
  1. 3D Secure
  2. ACS
  3. MPI
• Interface Certification
  1. ISO 8583
  2. VISA/ MasterCard/ AMEX/ JCB
• Merchant Services: Loyalty, Performance & Rewards
  1. Framework to recognize and reward merchant performance
  2. Systems to design and run merchant loyalty programs
• POS application programming and POS device handlers (re-usable libraries)
  1. Application programming and device handlers for Verifone, Lipman, Hypercom, Dassualt, NCR, Trintech, Intellect and other leading POS devices