IRIS Payment Platform

Next-generation, omni-channel payment platform for processing digital payment transactions

TPS offers a robust, powerful and high-performance payment platform that enables you to drive multi-channel payments infrastructure. Using the capabilities inherent in the PCI DSS certified IRIS payment platform, commercial and central banks, telecom operators, national switches, and third party payment processors can ensure better management and seamless delivery of their services.

IRIS is a highly scalable, secure, and flexible platform that can acquire any type of financial transaction from any device or system, authenticate and authorize it, and route it to any destination. It offers multi-currency, multi-institution & multi-channel support, and conforms to Payment Card Industry regulations, current and future EMV standards as well as contactless and mobile payments.

The solution can be rapidly integrated with any core banking system, real-time fraud prevention system, alternate delivery channel or other internal or external systems. It enables you to offer your customers the ability to seamlessly transact across multiple touch-points, while simultaneously reducing time-to-market and bringing greater operational efficiency.

In response to changing customer needs, banks have been modifying their physical operations and shifting towards digital channels. The natural progression of this trend has led to the emergence of ‘digital-only’ financial institutions. IRIS Payment Platform redefines enterprise switching and combines rich functionality to help you transform your digital payments infrastructure.

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Key Benefits

Powerful Connectivity

IRIS EFT Switch offers design flexibility so that it can easily integrate with any core banking system, including fraud prevention platforms, alternate delivery channels or other internal or external systems.

Supports Inter-Bank Connectivity

National switches and central banks can utilize the capabilities of IRIS to develop an interoperable payment switch bringing together banks, telecoms and other financial institutions on a single platform.

Highly Scalable, High Performance & High Availability

The extensive capabilities of IRIS drive high availability as well as scalability, help in achieving business continuity and support high-end transaction processing.

Security & Compliance

As a PA DSS certified payment platform, IRIS is designed to ensure compliance with Payment Card Industry standards, meeting most demanding security requirements and ensuring that data is fully protected.

Terminal Management

IRIS offers support for all digital channels to fulfil multiple transaction needs as it drives a diverse range of touch points, including ATMs, POS, CDMs as well as Self Service Kiosks, NFC and cardless transactions.

Time-To-Market

The solution’s flexible architecture enables you to rapidly deploy new channels and features, ensuring that you outperform in a competitive market.

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