Pivotal Payments becomes Interac Association Direct Connector, strengthening its Canadian payments infrastructure
Membership provides Pivotal Payments with deeper integration into Canada's national debit card network
MONTREAL, June 29, 2016 (GLOBE NEWSWIRE) -- Pivotal Payments, a leading provider of technology-driven global payment processing solutions, announced today it has achieved certification as Direct Connector to the Interac Association Inter-Member Network. With full debit authorization and settlement services, Pivotal's Interac Association membership allows it to become a single source provider for end-to-end debit card payment solutions to its partners and merchants across Canada.
Pivotal's Interac Association certification delivers merchant benefits such as improved billing flexibility, faster funding times, plus a single statement and settlement for both credit and debit card transactions, including one merchant deposit. The certification furthers Pivotal's goal of owning every aspect of the merchant relationship to provide a better overall payments experience by simplifying and reducing dependency on third-party providers. Pivotal's front-end technology platform, TANGO, provides direct connectivity, processor independence, margin enhancement and other efficiencies.
Pivotal Payments offers business owners the ability to take advantage of Interac Association's strong presence in Canada. According to a recent report by the Canadian Bankers Association, 94% of Canadians have a debit card that can be used at hundreds of thousands of Interac® Debit and Interac Flash accepting merchant locations across the nation, with that number having grown year over year. In Canada's competitive digital payments environment, Interac products and services provide merchants with innovative and secure payment acceptance options to better satisfy consumer demand.
"We're excited to begin offering the benefits of Interac Association certification to our merchants and sales partners. It's one of the first value-driven merchant services we've launched tied into our advanced TANGO processing platform," said Philip Fayer, president and chief executive officer of Pivotal Payments. "By providing a direct physical connection to the Interac network, our merchants will enjoy a streamlined relationship with Pivotal, simplified reconciliation for all card transactions and even better back-end support."
"We found that consumer behaviour is a major driver in the future of payments innovation," said Keith Birdsong, chief technology officer of Pivotal Payments. "Our merchants have indicated what their customers want are better payment security, convenience and ease of use at the checkout. The Interac network has these features and more. Our TANGO platform allows us to scale our solutions so our clients can take advantage of payment technology that not only meets, but exceeds the needs of their businesses and their customers."
About Pivotal Payments
Pivotal Payments is a leading provider of technology-driven global payment processing solutions for small to large enterprises in the point of sale, B2B and e-commerce industries. Our proprietary solutions include card-not-present, integrated POS and mobile payments that deliver efficiency and profitability to businesses across all sales channels and platforms. With a focus on security and fueled by continuous investment in research, product development and innovation, we are shaping the future of payments. Our goal is to maximize our clients' revenues and performance by empowering them with safer and smarter transactions.
Interac, Interac Debit and Interac Flash are registered trade-marks of Interac Inc. Used under license
AN OMNIBUS SOLUTION FOR PAYMENTS – ESPECIALLY IN HIGH VOLUMES
TANGO is the transaction processing system developed by Lusis Payments for banks, merchants, processors and retail companies that deal with large volumes of payments. It is hardware and software agnostic. That means that it can run on any hardware and operating environment including HP NonStop™. The main strength ofTANGO is in its ability to handle any type of payment. It works for all industries, and not just banks and financial institutions. Lusis has customers in all regions of the world.
Lusis Payments built the TANGO platform around the concept of a single payment hub that connects all the functions and devices necessary to process a transaction in a single chain. The core architecture of the product is written in C++ and is service oriented which makes it interoperable with information from multiple sources.
READ THE COMPLETE REVIEW AT: https://financialit.net/publications/product-reviews/omnibus-solution-payments-especially-high-volumes#
Licensed solution will enhance Pivotal Payments’ agility and scalability for its growing client base
(San Francisco & Paris) JUNE, 2016 — Lusis Payments, a global innovator of mission-critical payments software, announced today that Pivotal Payments, a leading provider of technology-driven global payment processing solutions, has licensed its TANGO platform to process point-of-sale (POS) payments.
Pivotal Payments has been providing innovative merchant services for over a decade, and delivers efficiency and profitability to over 90,000 clients across a wide range of business verticals. Pivotal Payments is upgrading and enhancing its processing environment with TANGO, a highly advanced system for acquiring, routing, switching, authenticating, and authorizing transactions across multiple channels. Delivering unmatched scalability and transaction throughput performance, TANGO allows Pivotal to become more agile in offering new services for its expanding client base in the U.S. and Canada by providing an end-to-end authorization solution. This, along with several other transaction routing capabilities, ensures that Pivotal has the flexibility it needs to continue strengthening its business with new partnerships, portfolio acquisitions and organic merchant base growth.
"We’re excited for the opportunities the TANGO environment will bring to our clients and overall business. It helps us to provide better value, improved transactional performance and reliability," said Philip Fayer, president and chief executive officer of Pivotal Payments. "Our partnership with Lusis also benefits us with added financial efficiencies that allow us to continue enhancing our processing platforms and technologies."
“TANGO is today’s modern payments system,” said Philippe Preval, president of Lusis Payments. “By using this state-of-the-art technology to address business needs both now and in the foreseeable future, Pivotal Payments will achieve the flexibility it needs to better succeed in today’s evolving payments landscape.”
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About Lusis Payments
Lusis Payments is a global software and services provider to the retail payments industry. The company’s proven, state-of-the-art technology operates in numerous hardware and operating environments. The TANGO platform, combined with the know-how to mitigate risk and deliver high levels of assured customer service, delivers a unique proposition for organizations faced with the challenge of changing, refreshing or updating their retail payments systems.
About Pivotal Payments
Pivotal Payments is a leading provider of technology-driven global payment processing solutions to the point of sale, B2B and ecommerce industries. Our proprietary solutions include card not present, integrated POS and mobile payments that deliver efficiency and profitability to businesses across all sales channels and platforms. With a focus on security and fueled by continuous investment in research, product development and innovation, we are shaping the future of payments. Our goal is to maximize our clients' revenues and performance by empowering them with safer and smarter transactions.
Winfield will work to ensure that Lusis solutions continually evolve to meet the demands of today’s payments industry
(Paris-San Francisco) April 14, 2016 — Lusis Payments is pleased to announce the newest addition to its executive team, Darrell Winfield. Winfield joins the company as executive director of client services and will work closely with Lusis clients and the product development team to design solutions that meet the needs and demands of today’s challenging payments landscape.
“We are excited to add Darrell to our team at Lusis Payments, and we are eager to work with him to take our company to the next level,” said Philippe Preval, CEO of Lusis. “Darrell has remarkable experience and an exemplary leadership track record in the IT industry. He will be a great asset to our clients, as he will help Lusis develop and deliver best-in-class solutions.”
A seasoned technology executive, Winfield has a history of effective leadership and development of high-performing IT organizations. He is well-known throughout the industry for bringing new products and services to market, implementing efficient and streamlined processes, and helping organizations retire legacy systems to transition to more effective solutions.
Winfield is an Agile methodology evangelist, promoting flexible, continuous and rapid response to change in software development. His addition to Lusis Payments executive team assures the company’s clients they will be implementing the world’s best payment systems.
“Darrell’s experience, expertise and talent are game-changing for Lusis,” Preval said. “Client support is imperative to Lusis, and Darrell is a crucial addition to our continued efforts in customer support and installation services. I think he will do great things for Lusis and for the payments industry as a whole.”
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