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Day1 - Payments landscape
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Introduction to Acquirer Systems

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Introduction to Acquirer Systems. WE PROVIDE AUTOMATED TESTING SOLUTIONS FOR THE GLOBAL PAYMENTS INDUSTRY TO HELP YOU GET HIGHER QUALITY PRODUCTS TO MARKET FASTER.

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Introduction to Acquirer Systems

  1. 1. An Introduction Market Dynamics and Company Overview
  2. 2. Introducing Acquirer Systems Acquirer Systems is a global leader in test and validation solutions for complex payment environments. We help you to improve your competitiveness and the efficiency of your whole product lifecycle through efficient automated testing. With Acquirer Systems you can manage the complexities of card scheme compliance, platform updates, new product launches, EMV chip and NFC contactless deployments, and switch migration. Trusted by US Firms Trusted around the world Certified and Confirmed by + many more
  3. 3. Market background 1. 2. Deregulation = Global More competition competitiveness & New & demand for entrants customers 5. Pressure 3. on Payment Product Transitioning More Channels Delivery with more End-of-life platforms Transaction 4. Types EMV + NFC = (service) More card products & types
  4. 4. The Evolution of Card Payments 1. More card products More diverse payments topography = More card projects, more certifications, more interoperability testing Phone-based payments 2. Increasing pressure on card and payment infrastructure management and test capability New Entrants 3. The winners look to their internal operations to yield higher efficiencies, enhanced levels of innovation, product performance and faster time to market Contactless EMV / Smart Cards Credit cards invented Debit cards invented 1950s 1960s 1970s 1980s 1990s 2000s 2010s
  5. 5. Transitioning: Challenges of moving to new payments environment Discontinued Platforms: StandardCustomers sunset by Vendors: Your platforms being have so many choices… + More payment methods NFC, EMV, mPayments, mWallets, closed & open loop cards, virtual payments, products from Legacy Systems : + More product sources In house Platforms reaching end of life. banks and new entrants – tesco, M&S, virgin money, paypal, google + More Payment channels ATM, PoS, Mobile, Internet, Contact, Contactless
  6. 6. Will your Payment Environment keep your business competitive? The current generation of switches is being sunset by vendors In-house platforms reaching end of life and are unable to support new market dynamics How can you drive product innovation, keep your customers happy, reduce costs, and deliver growth?
  7. 7. Market Dynamics Business Needs 1. Get more product to market faster 2. Fast and cost-effective updates, compliance and certifications 3. Improve service experience (assure interoperability & limit in-field failure) 4. Pressure on margins; Reduce churn 5. Deliver more projects and faster 6. Mitigate business risk in the payment card space New Testing Requirements Drive 1.Improved, more cost-effective testing processes 2.Ability to simulate an end-to-end payments environment and all infield scenarios 3.Manage the complexity of environmental variations 4.Identify & resolve issues faster 5.Integrate testing into product lifecycle to speed up and improve quality of delivery
  8. 8. Good testing protects your business
  9. 9. How we help you 1. Improve Your Competitiveness 1. By helping you to get more and better quality product to the market faster. We deliver the most comprehensive testing capability with the industry’s fastest test simulation platform across your entire product lifecycle. 2. Reduce Your Cost and Risk 2. With an automated test platform that simulates the whole payment chain you can minimize infield failures and interoperability issues, and lower your project delivery costs 3. 3. Increase your efficiency in New Product Delivery Our real time-test environment helps you to solve product issues quicker, shortening your project delivery timelines and increasing the quality and number of project completions. By eliminating the need for test scripts, you can redeploy expensive development resources more efficiently.
  10. 10. What we do We provide a test and validation platform that simulates a complete real-time end- to-end payment environment allowing Issuers and Acquirers to independently simulate a full range of transactions and network scenarios. Features of ASTREX Benefits of ASTREX Get more product to A Real-time Collaborative Test Environment helps to market faster and more create a test-driven Product Development process for agile accurately development Automated, transaction-based testing increases Test & certify more project efficiency and cuts regression cycle times and products more cost effectively and efficiently resource overheads End-to-end testing produces higher quality product Features of ASTREX Reduce instances of End-to-end network simulation and higher quality infield failure and interoperability issues testing ensures early identification of interoperability issues
  11. 11. The solutions we deliver 1. 2. 3. 4. 5. Certification Product Improve your EMV Switch & Lifecycle test migration migration Compliance Management efficiency Manage the Deliver assured Ensure faster 1- Increase the speed Improve the complexities of migration from pass certification and efficiency of quality of your migration and on- evaluation to go- with better test new product products through going compliance live using a coverage and delivery in your optimum test with the EMV simulated end-to- efficient testing for card business as coverage and standard while end payments more effective pre- the payments automated improving the environment with a certification so you environment transaction-based efficiency of on- transaction-based don’t waste time increases in testing to deliver a going testing in an test capability built and money on complexity by better experience EMV environment on a switch certification cycles. making testing to a more architecture available through discerning Reduce the cost of all points of your customer. maintaining product Get to the market compliance. development faster at a lower cost.
  12. 12. Acquirer Systems Selected Clients Your Global Testing Partner Acquirer Systems has a global reputation for excellence with Bank Card Issuers and Merchant Acquirers, Payments Processors, and Terminal Vendors. More than 100 installations across the United States, Europe, the Middle East, Africa and Asia. Blue-chip customers such as Elavon, Bank of America, First Data, SwissCard, and Standard Bank of South Africa. Our Background We are a trusted partner to our customers providing test platforms and global payments expertise to improve their product delivery and payments operations. Founded in 1997, privately held, with offices in the North Carolina and headquartered in Dublin, Ireland

Editor's Notes

  • Software company specialising in products for the payment card industry ~Specifically, testing and certification test tools
  • See notes from this article http://archive.newsweaver.com/qualtech/newsweaver.ie/qualtech/e_article000847213.html
  • Who are we? Our clients speak most about us. Referencable, global, blue-chip.
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