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Compass Plus Processing Centre has connected to the Non-banking Credit Organisation - United Settlement System (NKO ORS) and since the recent project completion already supports transactions from several member banks. The use of Compass Plus Processing Centre that runs on state-of-the-art TranzWare products facilitates the following:

  • Connection of banks with any processing system using TranzWare InterConnect (ISO 8583) host-to-host protocol at competitive rates
  • Transaction clearing and settlement in Single Message mode and correspondent account funds optimisation
  • Support of cash withdrawals as well as cash deposits using host-to-host protocol.

In the future Compass Plus and United Settlement System are planning to extend the range of services on offer to cardholders through the United Settlement System’s ATM network.

About United Settlement Systems

The Non-banking Credit Organisation United Settlement System (NKO ORS) consolidates ATM networks, cash points and payment acceptance points of several dozen Russian credit organisations under common technological and financial terms. It also acts as an authorised settlement centre of Allure – an instant money transfer system. Today United Settlement System has more than 100 credit organisations and financial institutions amongst its partners. 


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