Cards & accounts
TranzWare Interchange
A comprehensive system that automates a variety of interchange functions, TranzWare Interchange can process large volumes of data including the clearing and settlement of electronic transactions.
Functionality
Multi-branch network and multi-institution support
Flexible calculation of commissions, fees and charges
Dispute management and interchange risk control
Strengths
Comprehensive and easy to maintain, automating a large number of back office activities, increasing productivity and reducing costs
Adaptable to interchange environments of any composition and complexity, even those with relatively confined and simple processing environments
TranzWare e-Commerce
A 3D Secure compliant product, TranzWare e-Commerce provides advanced internet transaction authenticity checks for both issuers and acquirers.
Functionality
Advanced and reliable internet transaction authenticity checks based on 3D Secure protocol
Host-to-host interaction with issuers and acquirers, as well as Visa, Mastercard, American Express, JCB, UnionPay International and MIR
Additional security features including various access certificates, digital signature verification, support for DPA/CAP and more
Strengths
Bank customers can easily enroll for the service either via an Internet banking website or at an ATM.
Fully compliant with 3D Secure protocol
Enables a reduction in disputed transactions
TranzWare CMS
A comprehensive, scalable card management system, TranzWare CMS delivers a variety of automated back office functions for issuers and acquirers alike.
Functionality
Management of payment card issuance and circulation
Acquiring and merchant management
Personal and corporate account management
Includes a broad range of card and account management tools for various customer types
Strengths
Savings account management, revolving credit management, instalments, scoring and many more attractive features
A wide range of extra retail functions to aid the management of personal and retail sector accounts and payments
TranzWare Card Factory
A card personalisation and issuing solution, TranzWare Card Factory is specifically designed to drive the costs of card personalisation and issuance down.
Functionality
Personalisation of magnetic stripe cards (compliant with all major international payment systems), EMV cards (compliant with EMV, VSDC, M/Chip requirements) and virtual cards
Manual, batch, mass and instant issuance
Multi-institution and multi-branch support
Strengths
Staged approach to card personalisation and unlimited near-linear scalability
Supports all major personalisation equipment, card and HSM providers
Islamic banking
The Islamic finance industry is growing rapidly – at a rate of approximately 10-12% year-on-year. While this growth is predominantly in Muslim-countries - where Islamic banking was born over half a century ago - more recently, banks in non-Muslim countries around the world are taking interest in it and starting to offer Islamic banking products. However, to be successful in taking advantage of the growing Islamic banking trend, FIs need to offer customers convenient and innovative products that are Shari’ah compliant. In a continuously demanding sector, FIs need to be able to make changes quickly, adapting to customer needs and ensuring they are one step ahead of the competition. Compass Plus have extensive experience supporting FIs in their Islamic banking needs, offering them the flexibility and agility to build new products quickly and meet the needs of their customer base. Compass Plus’ highly scalable solutions are equipped to support digital banking and enable FIs to create new Islamic banking products that will rival both their Islamic, and conventional, counterparts.