Merchant Management and Acquiring

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Overview

Tieto’s Card Suite enables Acquirers to manage merchant accounts and supports complete life-cycle of payment card acquiring in a secure and regulatory compliant way. The latest generation single platform solution ensures fast time-to-market and provides the possibility to generate new revenues from merchants and point of interaction terminals (POI).

Key Features

  • Support for multi-channel management: POS, ATM, e-commerce, mobile, etc.
  • Acceptance of various transaction types (contactless payments, P2P, utility payments, etc.)
  • Flexible definition of acceptance and settlement parameters
  • Comprehensive merchant management, starting from agreements and multi-level merchant hierarchies up to merchant invoicing
  • POI terminal life-cycle management
  • Management of partner dataManagement of partner data
  • Transaction processing, clearing and settlement

Key Benefits

  • Definition and support of merchant information in accordance with acquirer’s needs.
  • Flexible approach to agreement conditions between acquirer and merchant: creation of individual merchant settlement schemes, support of additional services to ensure high quality merchant servicing..
  • Configurable business rules and options for setting the sequence of executable tasks to optimize and improve process quality

Product/Service details