- POS Application Framework
- POS Peripherals Integration Framework
- Web Payments Development Framework
- Merchant Acquirer & ISO Payment Solutions
- Message Parser Framework
- Transaction Switching & Authorization Framework
- Security Module Framework
- Settlement & Clearing framework
- Information Management Framework
- Terminal Management Framework
Read more about our frameworks...
A wide-spread increase in the use of electronic payment
instruments, such as Prepaid Gift Cards, Contactless
devices, Mobile Payments, etc. over and above
traditional credit and debit instruments, across both brick and
mortar as well as eCommerce businesses has triggered a desperate
need among traditional retailers and payment service providers to
augment their payment processing capabilities.
ISTS employs a unique blend of functional expertise in the Payments
domain and technical excellence in application development on
Open System platforms. ISTS can deliver highly performing, secure
and cost-effective solutions for ePayments at both Retail and
Processor locations.
Merchants are faced with the challenge of lowering payment
processing costs by accepting new payment instruments, such as
Prepaid, ACH Debit and contactless non-network solutions. Further
Point of Sale Activation Solutions, such as Prepaid Gift Cards,
Prepaid Telecom Top Up and Electronic Bill Payment and Presentment
allows retailers to provide high margin services without significant
operational overheads. In many cases, these capabilities drive new
customer acquisitions as well, resulting in higher sales.
Merchant Acquirers and Independent Sales Organizations (ISOs) are
finding it increasingly difficult to manage high operational cost of
ownerships with diminishing margins in traditional credit and debit
processing. They are being increasingly challenged by Issuers of
POSA and non-traditional payment solutions, such as ACH Debit
A and Mobile Payments to offer these solutions across their merchant
base. Processors with legacy technology platforms find it difficult
to leverage their assets to provide new solutions in a cost effective
manner. The commodification of high computing infrastructure
using Open technologies like Windows and Linux further challenges
the higher cost of ownership of legacy infrastructure.
ISTS has a rich legacy in building POS solutions and Peripheral
Modules to enable retailers leverage emerging payment technologies.
ISTS has several referenceable implementations of delivering POSA,
Contactless and EBPP solutions at retail locations, using commodity
Point of Sale systems and Peripherals.
ISTS can help Merchant Acquirer’s and ISOs adopt commodity Open
Systems-based payment platforms with legacy-like scalability and
much increased functionality. ISTS can offer rapid integration
solutions to emerging Payment Gateways using extensible Service
Oriented Architecture techniques. We offer functional and development
expertise on the entire stack of Payment Processor applications,
including Transaction Switching, Authentication and Authorization,
Settlements, Billing & Statements and Dynamic & Static Reporting
platforms. ISTS can offer Build/Buy decision assistance, Platform
Development and Application Integration support. Moreover, ISTS
can also offer complete Business Process Outsourcing support,
using its offshore facilities in India.
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