Other Solutions and Services
Other Solutions and Services
PayCraft offers a host of other solutions which are unique and pathbreaking. Being a market leader in the EMV technology space and with the expertise in the embedded systems programming, PayCraft offers solutions like Payment kernels and card applets for the EMV devices and cards. Also being a leader in the Payment industry PayCraft keeps innovating and coming out with new and latest solutions which can solve the global and local problems of payment by its unique payment solutions. With the versatility that the Payment industry evolves, there is a always demand for quicker go-to-market solutions and PayCraft has been delivering solutions to its banking partners to get a quick turnaround on new technologies to stay ahead of competition. Some of the key solutions of PayCraft include
1. SoftPos
2. Card Applet and Payment Kernel
3. Payment Gateway Wrapper.
PayCraft offers a host of other solutions which are unique and pathbreaking. Being a market leader in the EMV technology space and with the expertise in the embedded systems programming, PayCraft offers solutions like Payment kernels and card applets for the EMV devices and cards. Also being a leader in the Payment industry PayCraft keeps innovating and coming out with new and latest solutions which can solve the global and local problems of payment by its unique payment solutions. With the versatility that the Payment industry evolves, there is a always demand for quicker go-to-market solutions and PayCraft has been delivering solutions to its banking partners to get a quick turnaround on new technologies to stay ahead of competition. Some of the key solutions of PayCraft include
1. SoftPos
2. Card Applet and Payment Kernel
3. Payment Gateway Wrapper.
soft pos
SoftPoS stands for Software Point of Sale, which turns your mobile device (smartphones and tablets) running on Android operating systems into a PoS device. Thus, you do not need traditional PoS system any more to accepting payments. You can convert your mobile device into a PoS solution on the go and receive payments from countless options including contactless EMV cards, wearables, digital wallets, and so on.
The application is developed with EMV technology and compatible with the highest security standards such as PCI DSS & other payment industry standards. For this, the application uses the security-based software called White Box Cryptography with utmost care of consumer data during the transactional flow.
SoftPoS stands for Software Point of Sale, which turns your mobile device (smartphones and tablets) running on Android operating systems into a PoS device. Thus, you do not need traditional PoS system any more to accepting payments. You can convert your mobile device into a PoS solution on the go and receive payments from countless options including contactless EMV cards, wearables, digital wallets, and so on.
The application is developed with EMV technology and compatible with the highest security standards such as PCI DSS & other payment industry standards. For this, the application uses the security-based software called White Box Cryptography with utmost care of consumer data during the transactional flow.
Feature List
- Supports any NFC based android device
- Accepts all type of cards (Visa, Master & Rupay) and wallets
- Highly secure and innovative
- Supports all types of payments such as less than and greater than Rs 2000
- Supports faster and frictionless payment experience
- Supports consumer, merchants and Bankers in terms of convenience, cost reduction, operations, hardware, network and etc
EMV Card applet & Payment Kernels
Card applet is a software application to be run securely on EMV chip cards based on the specifications provided by the card schemes such as Visa, MasterCard & Rupay. The applet solution is built on the widely used card platforms such as Java, Multos & Native.
An EMV kernel is a set of functions that provides the processing logic and data that is required to perform an EMV contact or contactless transaction. The kernel is a part of the terminal payment application supporting EMV functionality and is included in the EMVCo Level 2 approval process.
Card applet is a software application to be run securely on EMV chip cards based on the specifications provided by the card schemes such as Visa, MasterCard & Rupay. The applet solution is built on the widely used card platforms such as Java, Multos & Native.
An EMV kernel is a set of functions that provides the processing logic and data that is required to perform an EMV contact or contactless transaction. The kernel is a part of the terminal payment application supporting EMV functionality and is included in the EMVCo Level 2 approval process.
Feature List
- Supports Rupay qSPARK 2.0
- Supports Linux based OS
- Supports service area, application steps, multi wallet,scripting, transaction logging etc
- Supports building required libraries
- Supports all types available hardwares and card platforms
- Supports all required interfaces
by the customer - Supports scheme approved testing
methods and certification
PG Wrapper
The Bank can work on the economies of scale by utilizing the optimal payment channel vendors (PG, IVR, UPI etc) for the maximum period in the network which also provide better success rate to the merchants.
The Bank can utilize this solution as Data warehouse, where all types of transaction with data elements will be available in the product.
Feature List
- Supports instant refund
requirements - Supports for all types of business
rules required by the customer
- Supports required interfaces by the customer
- Supports BIN, cost, volume,
amount based transaction
routing
- Helps in building the unified platform across all types of payment channels and modes