Bankworks Acquiring
versatile, powerful, customisable,
acquiring transaction software
Acquiring
We know how important it is that your customers can pay quickly and securely, using their payment method of choice. Our Bankworks Acquiring product is designed to help you meet these current needs and to adapt in a fast-changing and dynamic payments market.
Supporting a broad range of markets including retail, hospitality, travel, entertainment, health care, insurance and fuel services, Bankworks Acquiring has been designed to meet the challenges of dynamic industries that are growing exponentially.
Bankworks Acquiring provides a superior range of functions, including retail merchant business, (CP, CNP) and cash advances (branch teller/ATM), for an unlimited variety of card products. It provides the ability to service current business needs and to bring on board new acquiring business rapidly.
The product was designed to manage efficient large-scale acquiring and to enable acquiring business through POS, ATM, Internet and self-service kiosk networks. Bankworks Acquiring may be tailored to meet a huge range of business requirements thanks to it being highly parameterised, allowing customised configurations to match the unique needs of the user organisation.
Bankworks Acquiring is PCI, PADSS compliant. It therefore ensures secure transaction processing and provides support for multiple currencies in cross-border acquiring environments as well as switching to multiple institutions. It also offers support for both standalone and integrated POS environments. It offers authorisation processing, routing, risk management, activity monitoring, foreign exchange, transaction management and merchant settlement.
- Modules
- Features
- Capabilities
Bankworks Acquiring Modules include:
- Merchant Boarding and Automated Application Processing
- Merchant Accounting
- Merchant Commission and fee calculation
- Rolling Reserve and Funding Suspension
- Agent and ISO module
- Merchant Instalment and Loan
- Merchant Loyalty
- Dynamic Currency Conversion (DCC)
- E-wallet
- Merchant Web portal
Bankworks Acquiring Features include:
- Flexible acquiring product setup
- Individual Merchant Agreement
- Hierarchy Movement at any level
- Consolidated billing and statement
- Merchant Cashback
- Address Verification Service (AVS)
- Flexible pricing @ multiple levels / merchant level
- Tiered Pricing
- Activity Monitoring
- Card Schemes Reporting(SAFE, TC40, MATCH, QMR)
- Multi-settlement schemes for one merchant
Bankworks Acquiring Capabilities include:
- Supporting multiple:
- institutions
- currencies
- languages
- Domestic, regional and cross-border Acquiring
- Risk Assessment and Risk Management
- Supporting all card schemes
- MasterCard/Visa/Amex/Diners/JCB/Discover/CUP/PL
- Private label, closed loop, gift cards, virtual card
- Multi-level Merchant hierarchy
- Multi BIN/ICA transaction processing under a single institution (International, domestic, On-us)
- Card Schemes Reporting (SAFE, TC40, MATCH, QMR)
- ATM
- POS
- E-Commerce
- M-Commerce
- NFC (Near Field Communication)
- MOTO
- Recurring payment
- Vertical market support, covering multiple sectors, e.g. supermarkets, travel/leisure, hospitality, insurance and healthcare.
- On-us /Interbank/Intrabank capability
- One or multi statement for the same merchant
Contact us for further information about our Bankworks Acquiring >
Press Releases
| January 20, 2012Four Cards and Payments Elites join RS2's Advisory Committee RS2 forms a new Advisory Committee that will guide the company to keep on enhancing its BankWORKS card management system and international expansion.
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| January 12, 2012RS2's Board Appoints New Chairman and C.E.O. The Board of RS2 agreed to appoint Mr Mario Schembri as Chairman and Mr Radi El Haj as Chief Executive Officer. During their careers both executives have worked closely on various RS2 projects.
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| November 24, 2011RS2 exhibits at a Payment Innovation Summit in Shanghai RS2 participated as an exhibitor at Payment Innovation (China) Summit 2011 in Shanghai. The Director of Sales and Implementation, Mr Radi El Haj was present to meet attendees and discuss with them about BankWORKS and how it can be beneficial when implemented in their business.
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News
| September 2, 2011New licences lead to surge in profits at RS2 Software plc RS2 Software p.l.c. published its Interim Financial Statements for the first half of the year 2011. The financial statements show a revenue of €4.7 million, a 67 per cent increase over the first six months of 2010.
Source: Times of Malta |
Testimonial
| OmniPay deploys Bankworks
Hubert O'Donoghue CEO, OmniPay
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OmniPay has benefited hugely from deploying Bankworks as its Back Office Merchant Accounting System. Bankworks' flexible architecture and parameter driven rules based approach has supported the rapid growth of our business, which now processes in excess of 1 billion transactions annually.We look forward to continued sustained growth with the support of our vendor partner RS2.