Today’s competitive business environment demands that payment processing solutions be more flexible, agile and cost-effective. At the same time, software product companies need to incorporate new laws and protocols within these solutions to ensure business continuity. It is imperative that software developers adhere to the highest quality standards, customize products to their clients’ requirements, reduce time-to-market and follow industry standards. GlobalLogic has the tools, processes and experience necessary to help software companies develop innovative payment processing products quickly and cost-effectively.
GlobalLogic provides end-to-end solutions for payment and loyalty programs based on Smart cards and point of sale (POS) devices. Furthermore, our knowledge in payment solutions can be extended to other payment products meant for industries like leisure, healthcare, transport, and retail. Examples of GlobalLogic’s payment processing solutions include:
- Electronic Check Processing Solutions
- Automated Clearing House Solutions
- Payment Gateways
- Card Issuance
- Transaction Processing
- Billing Solutions
GlobalLogic has a Center of Excellence for payment processing that is backed by highly qualified and experienced subject matter experts. Some of GlobalLogic’s key strengths in payment processing include:
- Key-based encryption for secured information processing
- Secure protocols such as Standard POS Device Handler (SPDH) for communication between point of sale (POS) devices and gateways
- Secured gateways between terminal devices and acquirer
- Analysis of voluminous data to identify risks, improve financial transparency and adhere to statutory norms
- Development of innovative POS and loyalty solutions for the banking, retail and telecommunications sectors
- EMV certified integrated payment and loyalty solutions
- GSM SIM Card-based applications for value-added services
- Robust architecture for scalable, high-performance real time applications
- Component driven, Service-Oriented Architecture (SOA) for integration
- Extensive experience and knowledge-base in major tools, technologies, design strategies and methodologies
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