Strategic Payments Services

SPS provides a comprehensive, secure and reliable transaction processing and switching solution, designed to meet the increasingly demanding and diverse needs of today's retail merchants.

The SPS POS service can deliver fast, accurate and cost-effective in store data collection and transaction management services. Practically any payment instrument can be used for transactions processed by SPS.

Key features of our merchant services

• integrated solutions with cash register and inventory control systems
• payments Transactions Surcharging
• client-driven cash back feature eliminating errors and improving cash management
• multi-merchant, multi-vendor support
• dynamic currency conversion
• PIN based credit
• daily settlement – transaction and fees
• electronic fallback processing support
• loyalty, gift card and EFT processing support
• settlement and reconciliation support.

Key system and operational features

• merchant and terminal characteristics management
• cards parameters and BIN list management
• hot file management
• device software download management
• remote security key initialisation
• dynamic PIN pad allocation
• master/session key management (3DES)
• merchant management – contract, support, daily balancing, risk and security
• distribution of non financial messages to individuals, groups or total merchant base.

Optional Terminal Management System

SPS service also includes an optional Terminal Management System that, coupled with the central configuration features supported within the switch, provides the following functionality:

• terminal details
• terminal software version
• terminal connectivity
• terminal activity tracking
• setting of terminal limits for refunds, deposit transactions and cash out transactions
• setting of permitted functions
• table updates to the terminal
• terminal settlement tracking
• timeout values
• multi merchant capabilities
• disable/enable terminals in real time
• view merchant number that is linked to various terminal numbers
• online statistics retrieval.