VeriFone’s PAYware CMS enterprise software provides the scalability, flexibility and configurability to manage any in-house merchant acquiring or card issuance program including branded card scheme, private label, stored value/loyalty, private label, and prepaid cards. One on consolidated platform, PAYware CMS supports all aspects of card and merchant management, risk assessment, payment authorization, clearing and settlement. And it supports multiple languages and currencies, so you can deploy programs across the globe.
Because protecting your customers and your business is of the utmost importance, PAYware CMS includes an extensive list of security features and is fully compliant with all card scheme requirements and industry mandates such as PCI and EMV. It also utilizes the most advanced methods to help detect and protect from fraud. In other words, the best-in-class level of security you’ve come to expect from VeriFone.
PAYware CMS fully embraces any business integration model, blending seamlessly into even the most complex environment. Configurable to exact specifications, PAYware CMS ensures proper permission-based access and workflow through an array of touch points such as secure Web services to enable more efficient and intelligent business processes.
However it’s deployed, configured or utilized, PAYware CMS helps bring innovative ideas to market. That’s strategic advantage.
PAYware CMS provides the platform to develop and deliver competitive, targeted and differentiated card products and value-added services. With both full control of and easy access to customer data, issuers can adjust quickly and easily in order to keep its products and services mix compelling. The result: increased revenues from improved customer retention and consistent new customer acquisition.
PAYware CMS consolidates every facet of the cardholder lifecycle and debt management processes. Whether it’s application processing, credit analysis, customer tracking, disputes or debt collection, PAYware CMS manages everything down to the last predefined detail. If you issue cards on behalf of others, PAYware CMS can be configured differently for each specific client, no matter the number of card products or services supported.
PAYware CMS gives you the ability to create targeted and competitive propositions that support multiple brands, card types and currencies and optimize profitability from merchants. From one consolidated platform, acquires can configure and manage every facet, including application scoring and setup, service charges, chargeback and adjustment processing, debt collection, and many other merchant and cardholder account management functions. In fact, you can automate nearly all merchant application and setup tasks for increased efficiency.
PAYware CMS handles all aspects merchant processing rapidly, accurately, and securely. It supports any customized authorization or local parameter setting with predefined rules to minimize risk. Providing high availability 24 x 7, PAYware CMS also accommodates individualized merchant needs such as acceptance devices or capture processes.
Our clients from across the world have faced the same issues you do – here are some examples of how PAYware CMS has helped them gain the strategic advantage:
EDS
"We can see solid results from our PAYware CMS services related to Brazil Bank issuing and transaction processing. VeriFone's CMS has proven to be the most flexible tool we could have ever chosen, to adapt to our demanding business."
Tatra banka
Raiffeisen International Bank-Holding AG, one of the largest banking groups operating in Central and Eastern Europe, established a competence centre focusing on the processing of payment card transactions, management of cards issued by partner banks within the group and supporting the acquiring business in one of its leading subsidiary banks, Tatra banka, Slovakia.
“The region is currently experiencing one of the highest growth rates in terms of card usage and in combination with an expanding product portfolio it became clear we needed to streamline our international card administration system. PAYware CMS provides a scalable solution that enables us to process 2 million Visa and MasterCard credit and debit cards for 8 different issuers utilising different languages and currencies. PAYware CMS covers many functions a processor requires – which can range from receipt of application, setting up bonus schemes and instalment payment programmes, the management of payment delays or chargeback handling, as well as functions necessary for managing the bank-merchant relationship. Thanks to PAYware CMS, we are a fully EMV-certified issuer and acquirer service provider, which is a major milestone in our region.”
Tatra banka - Global Finance magazine "Best Bank in Central and Eastern Europe 2008" and "Best Bank in Slovakia in 2000, 2001, 2002, 2003, 2004"
Bankart
“At Bankart, the national ATM processor in Slovenia, that offers processing services to nine banks issuing MasterCard, Visa and proprietary cards, we trust VeriFone’s PAYware CMS to manage card usage. PAYware CMS has given us the ability to centralise processing for multiple issuers and acquirers; while enabling us to process over 2 million cards throughout 25,000 merchant accounts.”
“The technology provided by VeriFone has helped Bankart become the leading card processing centre in Slovenia and PAYware CMS will continue to facilitate our expansion throughout the region as we develop our business further.”
Leading Service Provider in Mexico
“PAYware CMS has enabled us to provide our customers with a full-capability solution that, for us, required minimal customization, reducing the time to market.”
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IN THE NEWS
Jul 2008 - PaymentMedia
PAYware CMS: una solución de VeriFone para el mercado global
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