Acquiring

Acquiring

Peninlog offers acquiring products to process other bank card transactions and also drives the ATM terminals. End to end solutions like Merchant Payments, Online Transaction Processing, Clearing and Settlement processing and Dispute Handling. System supports major interchanges like Visa, Master.

  • Web based tool to manage Merchant activities and ATM maintenance.
  • Process Pin & Signature based card transactions.
  • Automate Contingency Routing based on the business parameters.
  • Supports Dynamic Currency Conversion (DCC).
  • Automate reconciliation process and understandable detailed settlement report.
  • Supports acceptance of EMV based cards.
  • Supports message formats like ISO 8583-87/93/03, XML.
  • Supports major ATM’s make like NCR, DIEBOLD, Wincor and message formats like NDC+, 911/912.
  • More Parameterized.
  • Dispute management system to process all back office transactions.
  • Merchant Group Level restrictions.
  • Provides better service to customers.
  • Facilitate customers to withdraw cash anywhere from any ATM.
  • Reduce Fraud transactions effectively.