POS Merchant Acquiring
atom offers banks an electronic payment services product that takes care of the payment mechanism for card transactions at Points of Sale. We provide end-to-end payment transaction acquiring infrastructure including transaction delivery, processing, issuance and settlement management. Simply put, this means that banks deal with us as a single point of reference instead of a multiplicity of retailers, service agencies and merchant establishments. We add value and benefits to the participants in the payment industry presently saddled by a legacy that makes it difficult for them to expand their customer base and ensure accountability. Our Electronic Payment Services business is managed by expert professionals with rich experience in the electronic payment industry, backed by world class systems.
atom’s Merchant Acquiring solution is comprehensive in its reach and benefits because of:
- Bankcard Acquiring: It covers a range of products and services for bankcards that include EDC/POS, card transaction acceptance, delivery and processing, card payment switching and payment gateway services.
- Bankcard Issuance: It enables plastic and virtual cards through personalization, PIN generation, card and PIN mailing, card holder profile and account management, bank MIS, prepaid debit and employee benefits cards
- Private Label/ Virtual Cards: It helps build brands by allowing policy definition for private label/ virtual cards, as well as their acceptance, processing, clearing and settlement.
- Leveraging of Common Infrastructure: It covers all channels of delivery and acceptance, so that common infrastructure can be used for multiple functions such as retail sale, access control, e top-ups, micro-finance, insurance, utility payments, healthcare and campus cards.
