Transaction Processing

Today’s customer seeks convenience for payment and finds it fitting to use multiple mode of payment, be it Cash, Card, Mobile, Digital.

Technology has an important role to play in enabling the transactions in a fast, agile and efficient manner.

The EFT (Electronic Financial Transaction Processing) Switch plays a vital role in providing banks their competitive edge. This financial transaction processing switch is a financial message routing system that authorizes any device like PoS, Mobile, ATM, e-commerce sites, etc. to perform transactions.

Looking at the transforming environment in banking financial domain, AGS switch (Transact) enables inter-connectivity of the bank’s ATMs and other delivery channels to different payment gateways like Mastercard, Visa, Rupay, NFS etc., facilitating their customers to use other bank’s ATMs / PoS (Point-of-Sale) across the network.

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