The ability to react quickly to changing market conditions is a must for Transaction Acquisition to be a profitable activity in the card business. Accordingly, the full automation of this back office area, via an efficient and reliable software solution, is of great significance.
The Merchant Acquiring System enables a financial institution to perform a complete range of acquirer functions. This includes both retail merchant business and cash advances from ATMs, for an unlimited variety of card products. It provides the facility for the user financial institution to settle acquired transactions with merchants (retail transactions), and banking institutions (cash advances).
The C3 Merchant Acquiring System allows a client to tailor the system to meet their business requirements. The entire system is highly parameterized. This allows customized configurations to fit the needs of the user organization, the way they want to run their business and the various services and outputs they require.
C3 Merchant Acquiring System provides the acquiring of transactions generated at POS terminals installed at merchant locations. The following POS application protocols are supported:
Supported Transaction Types:
