In the new digital and globalised world, cross-border acquirers and retailers are having to process digital and in-person payments from across the globe,.This has led to an unprecedented number of challenges.
Acquirers are now having to provide greater flexibility and transparency on pricing, while connecting multiple local and international schemes. At the same time, acquirers are also under pressure to optimise processing costs and commission schemes. On the other hand, retailers are increasingly trying to extract customer insights from transaction data, optimize interchange costs from the “best” acquirer, while becoming PCI compliant and reducing operational costs.
To overcome these challenges, acquirers and retailers are having to adapt their systems to accommodate any merchant structure and increase the organisation of their product distribution and merchant sales.
HPS’ PowerCARD-Acquirer is a flexible and comprehensive merchant management platform that enables acquirers and retailers to overcome all of these challenges, while increasing operational efficiency and reducing costs.
PowerCARD-Acquirer is a comprehensive merchant management back-end platform enabling acquirers to tailor specific solutions for any kind of merchant from small to large, with or without complex hierarchy, on the same PowerCARD-Acquirer platform.
PowerCARD-Acquirer is a multi-channel solution with no restriction on the type of transactions processed allowing acceptance of all types of payment – online, in person, on the go and over the phone.
Merchant accounts and transactions are stored and managed in PowerCARD-Acquirer giving acquirers complete control of the merchant billing, clearing and settlement processes. Transactions that are submitted to PowerCARD-Acquirer are automatically settled with merchant according to the flexible settlement options that are provided.
Merchant service charges and transaction fees are calculated and managed through PowerCARD-Acquirer which also facilitates the collection of fees and charges from the merchants.
Merchant service charges and transaction fees are managed through a sophisticated and powerful fee generation engine that gives acquirers flexibility to propose attractive pricing options to merchants.
PowerCARD Connect’ APIs is an online portal that provides more than 120+ APIs to allow any third party system to trigger services or use data stored on PowerCARD and any third party developer to build innovative applications using PowerCARD data and services.
PowerCARD-Acquirer multi-currency, multiinstitution and multi-language capabilities allow the management of cross-border acquiring operations. PowerCARD-Acquirer’s ability to manage merchant portfolios in different countries and for different acceptance institutions, meets the needs of global and multinational merchants.
