transaction processing brochure 1 · hsm. service offerings: merchant and terminal onboarding and...
TRANSCRIPT
With deep-rooted experience in payments, Opus specializes in defining high availability OLTP architecture leveraging micro-services & API framework to process real-time business transactions, initiating from multiple legacy and modern payment channels.
Industry Trends:
Transaction Processing Landscape:
Instant Onboarding
POS
IVR
ATM
KIOSK
Internet Banking
Mobile
Web
QR Code
USSD
Chat bot
Scalable Features
Multi Tenancy
Multi Time Zone
Multi Currency
Terminal Management
Merchant Management
Interface Management
Bin Management
User Management
MDR / Interchange Management
Multi Language
Management
Business
Batch Services
Data Layer Communication Layer
SMS
Platform Maintenance
Tran
sact
ion
Om
ni C
han
nel
s
Thir
d P
arty
Sys
tem
s
Secu
re C
omm
un
icat
ion
Lay
er
AP
I Fra
me
Secu
re C
omm
un
icat
ion
Lay
er
Inte
rfac
es
T + Zero Settlement
Emergence of modern payment channels
Wallets / Virtual Cards
AI/ML based Dispute
Management
Journey to Cloud with
Micro-services Architecture
Transaction Processing
Visa / MasterCard /
Discover / Amex / Other Global
Networks
Notification Alert
Dispute Management
Recurring Payments
EMI Payments
PIN Printing & Mailer Recon and
Settlement
System Upgradation
Regulatory Mandates
Network Certification
Monitoring
Regulatory Mandates
High Availability
Channel Validation
Authentication / Authorization
Switching / Routing
Transaction Validation Reports Invoicing
DCC Security Real Time Payments
Tokenization
EPG
Fraud
CMS
Forex
Loyalty
Bank Host
Biometric
HSM
Service Offerings:
Merchant and Terminal onboarding and management
Feature rich Credit / Debit / Prepaid program & issuance of instruments
Network / Host interface certification (VISA, MasterCard, Amex, CUP)
Global interchange mandate management
Transaction posting files at ledger level
API based Transaction Authorization
Smart API framework for rapid integration of new omni-channel
Advanced Transaction Support including DCC, prepaid top-up
Application Engineering
Platform Modernization
Platform Evaluation and identification
Data migration strategy planning and executions
Project & program management
Performance certification
Third Party System Integration - Fraud System, Tokenization
Faster customization with API framework
Value Added Solutions
Analytics / MIS services
Loyalty / Reward Management
Points accumulation & redemption engine
Multiple channels to uniquely track customer across relationships
Reconciliation and Settlement
Multi-party data reconciliation with interchanges and net settlement
Dispute management suite building and consulting services
SDK for recon and settlement fileprocessing
Configurable interface building tool
Opus Experience with Transaction Processing:
Opus built Electra Product Suite - a comprehensive suite of retail payment solutions , designed
on open standards and engineered to be highly flexible and scalable
150+ Customers, 200+ product implementations across 30+ countries
ECS drove more than 50,000 ATMs and 250,000 POS
More than $2B transactions processed annually
PA DSS, ISO 27001, and ISO 9001:2008 Certified
Was acquired by MasterCard in 2014 to strengthen their processing and switching capabilities
Integration experience with leading payment networks
VISA, MasterCard, AMEX, STAR, PULSE, DISCOVER
Experienced team to monitor & manage the local regulatory and Payment Network
Compliance mandates
Experience with product upgrades and implementations for Third Party Issuing Platforms
Executed multiple projects around prepaid card issuance domain in USA
Developed an open API platform to instantly issue and process cards that can be deployed either
on premise or on Cloud
Experience in evaluation of legacy platform and migration strategy planning, testing and
performance certification
Preferred technology partner to a leading American Payments technology leader to build a
Cloud & API enabled Debit Card Management System
Partner to a Payment platform that designed for buying & selling heavy equipment, machinery
and other large-ticket items, helping them build a full-blown payment facilitation platform to
onboard and manage 300+ merchants
Global Locations:
USAAtlanta, GA (HQ)
Pune
DALLAS, TXSEATTLE, WA
Waterloo, OntorioLondonIndia
UK Canada
+1 470 448 4155
www.twitter.com/consultopuswww.linkedin.com/company/opusconsultingsolutions
2500 Northwinds Pkwy, Suite 630, Alpharetta 30009
Opus Consulting Solutions focuses on shaping the future of payments technology. With experience building highly innovative solutions and products, we combine our deep technology proficiency with unmatched domain expertise in Payments and Fintech, enabling us to deliver unparalleled quality and value in everything we do.
Our team partners with a diverse global customer base, ranging from start-ups to Fortune 500 financial leaders, all focused on digital transformation and driving innovation in payments.
About Opus: