Today, consumers expect a convenient, fast and secure payment experience; whether it’s online or at a physical store. At the same time, banks are not only challenged with decreasing merchant discount rates, but also required to increase their acquiring base in an ever-increasing competitive environment. There is a strong need for a merchant acquiring solution that streamlines payment processing capabilities of the banks and offers omnichannel payment options to customers in both, card-based, supporting contact and contactless scenarios, and cardless use cases through QR Code based push payments.
IRIS POS & Merchant is a fully integrated solution that is designed to meet end-to-end requirements of merchant acquirers, ranging from merchant onboarding and management to delivering insights. Whether you are a bank, an aggregator or a third party processor, our solution enables you to manage your acquiring business through its multi-channel capabilities and cost-effective technology footprint, which is high-performance, reliable and secure.
Secure, Reliable Merchant Management Solution
- Secure, reliable and scalable platform
- Merchant on boarding, activation and retention
- Integrated management of chargebacks, disputes and collections
- Clearing, settlement and reporting
- Management of discount and commissions
- Terminal based transaction management
