Because of the unprecedented growth in electronic payments worldwide, today's banks and payments processors and systems operators face pressures from regulators, corporations, consumers and shareholders to be compliant, to continually improve their payment systems and the technology they employ to provide more cost effective solutions, thereby providing better value proposition to their customers.
M^Dynamics powered solutions provides complete end-to-end transaction life cycle management, which includes front-end acquiring, authorization/routing, back-end switching, settlement reporting and reconciliation functions. With its agility, M^Dynamics can be easily extended to enrich the functionalities of the Switch from time to time.
Better Value Proposition
Modular & Reusable components
Simpler & Design Efficient
M^Dynamics Powered DynamicSwitch Solutions
M^Dynamics Multi-Channel Financial & Payment Switch
M^Dynamics cost effective and versatile Multi-Channel Financial & Payment Switch, which consists of solutions such as DynamicSwitch, DynamicPOS, DynamicATM and DynamicWeb, delivers a feature rich retail EFT platform that supports high volume, high availability processing through a massively scalable distributed architecture. The solutions can be readily and easily set up and utilized individually or cohesively, depending on the requirements of the enterprise or financial institution.
M^Dynamics powered Switch is designed for high security supporting PIN/non-PIN credit, debit and chip card transactions. For PIN-based transactions, the Switch guarantees that the PIN will never be in the clear throughout the flight of the transaction by using Hardware Security Module (HSM) functions for all key management and PIN-related functions. The M^Dynamics powered Switch also supports both card-present and card-not-present transaction processing.
Card Association Interfacing
Versatile transaction support
Card schemes configuration
Seamless integration to external Fraud Detection Engine
Highly Customisable Process Flows
M^Dynamics Switch offers a common integrated authorization engine that raises the security against card fraud by providing blacklist check on card, account and user; usage check by card or user; balance check by account; and PIN or password authentication. With the M^Dynamics TranBuilder, it can be easily enriched or extended to cater to any specific or unique processing as required by enterprises.
Supporting these authorization functions is a comprehensive and flexible set of content-based routing capabilities, including routing to external processor hosts, card schemes and other external networks based on any entity type including card prefix, account prefix and corporation types.
Store & Forward processing
Settlement and Reconciliation Functions
Business Support Functions
Apart from the modules that handle OLTP, M^Dynamics also provides a set of reporting tools to support Settlement and Reconciliation with other external parties.
M^Dynamics helps to efficiently sink all the stakeholders involves in the payment transaction processing flow.
M^Dynamics Frequently Deployed Solutions
M^Dynamics powered Payment Solutions caters to common needs of different Customers