Acquirer Systems Company Introduction
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Automated testing solutions for the global payments industry to help you to get higher quality products to your customers faster
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Acquirer Systems provides test and validation solutions for the payments industry. Our software allows issuers and acquirers get higher quality products to the market faster, reducing cost and improving competitiveness in a complex and changing marketplace. The company has a global reputation for excellence with Bank Card Issuers, Merchant Acquirers, Payments Processors, and Terminal Vendors. We count blue-chip institutions such as Bank of America, Bank of Ireland, First Data, SwissCard, and Standard Bank of South Africa, amongst a growing customer base. We have 80+ installations across the United States, Europe, the Middle East, Africa and Asia. Acquirer Systems was founded in 1997, is privately held, and is headquartered in Dublin, Ireland.
Transcript of Acquirer Systems Company Introduction
Automated testing solutions for the global payments industry to help you to
get higher quality products to your customers faster
What we do
Certification&
Compliance
Testing&
Performance
Systems change and technology
Migration
We help companies with…
We do this by replicating the entire payments value chain
And by allowing you to automate testing for any transaction over any protocol
The Problem
10:30AM Your client just landed in a new town
The Scene: Buying clients coffee in local cafe
The Customer: Pays by card
The DialogueCustomer / I’d like to pay by card please
Assistant / Sure, just enter your card here and type your pin
Customer / Thanks
Assistant / Sorry, sir, that card isn’t working
Customer / Oh, I’m really sorry. Does someone have cash?
Customer / No problem sir. Thank you.
Customer / There must be something wrong with my card
Customer / I won’t chance using it again on this trip!
You are no longerFront-of-wallet
Yourcustomers have
so manychoices
More Payment MethodsNFC, EMV, mPayments, mWallets, closed & open loop cards, virtual payments etc
More Product SourcesBanks and new entrants:Tesco, M&S, Virgin Money, Paypal, Google
More Payment ChannelsATM, PoS, Mobile, Internet, Contact, Contactless
These choices are creating complexity
Aperfect storm
is coming
The market is moredynamic than ever. Competition is fierce.
1
It’s difficult to keep older Payment systems up to date with new technologies and market dynamics
2
Pressure is on the product development process to be faster than ever in this increasingly complex environment
3
Customer expectations for service and reliability must be met to stay competitive
4
So how can you weather this storm and delight customers with new products and a better payment experience while reducing risk and lowering costs?
Competitive Advantageis enabled by next-generation
Enterprise-class testing
The role of testing
Good testingprotects
and differentiates
your business
2010 Bug Hits Millions of Germans“A 2010 software bug has left millions of German debit
and credit card holders unable to withdraw money. About 30m chip and PIN cards – a quarter of those in circulation
- are thought to have been affected. It is estimated [it] will cost €300m to rectify.”
London 2012: Visa Blames Wembley for Olympics card chaos
“Thousand of Olympic fans left hungry and thirsty at Wembley as car payments are refused and
only cash is accepted. Visa blames “Wembley Management”
A failure for the contactless Olympics holds a warning for mobile money“They couldn’t pay with their credit or debit card for any refreshments due to issues with
the local IT system”
CertificationTesting is lessthan 10% of“Good”Functional,Positive,Negative andPerformanceTesting
Certification Testing
“Certification” Testing: • A small component of “good”
testing• Not a QA cycle• A minimum test of conformance• Short and low effort
Certification Testing
“Certification” Testing: • A small component of “good”
testing• Not a QA cycle• A minimum test of conformance• Short and low effort
“Good” Testing: Limited by time and resource. Needs to comprehensively replicate infield scenarios and test collaboratively to rigorously establish interoperability and infield performance of product Certification
Testing
Good Testing
“Good” Testing: Limited by time and resource. Needs to comprehensively replicate infield scenarios and test collaboratively to rigorously establish interoperability and infield performance of product
“Ideal” Testing: Not limited by time and resource, can test for every scenario
“Certification” Testing: • A small component of “good”
testing• Not a QA cycle• A minimum test of conformance• Short and low effort
Certification Testing
Good Testing
Ideal Testing
The Acquirer Systems Difference
A single platform that replicates your entire Payments environment – it can replicate any part of the payment chain for any participant
You can emulate any payment transaction in any scenario, in no time, giving you greater test coverage and better quality, with less effort
The power of a test platform architected like a production switch is that you can build automated test cases in a fraction of the time it takes to develop resource-intensive scripts.
The Acquirer Systems Difference
Our platform is the fastest payment simulation engine in the market so you can test an entire system or discrete function in a fraction of the time. You can conduct full regression testing in hours rather than days.
You can make your test platform available to all parties involved in product development, delivery, and live support allowing discrete testing at any stage through a common interface.
The Acquirer Systems Difference
It’s not just better,It’s completely different.
The Acquirer Systems Difference
Acquirer Systems delivers measurable competitive
advantage
Regression test inHours ratherthan weeks
1-Pass Certification(compared to 5 cycles typically)
42%Reduction in testproject duration
We help you to complete projects faster by helping you test & certify more products faster and more efficiently
We help you to get new products to market faster
We lower your costsWe lower your costs by improving test efficiency with our transaction- based testing
94%Test time saving through
automation
34%Lower staff costs
$1m spent in fixing bugs reduced to $40k
You can improve the quality of your product with our platform and reduce the risk of failure when live
We reduce your risk and increase quality
80%Fewer problems
entering production
Our product family
Acquirer SystemsProduct Family
A closer look at ASTREX
ASTREX: Your platform foremulating the Payments Chain
Wherever you are in the payments chain, ASTREX provides all the functions needed to replicate the end-to-end environment
Market Success throughnext generation testing
Who uses Acquirer Systems?
Chosen by the global payments industry
Trusted by Global Leaders
Trusted around the world
Trusted by Global Leaders
Trusted around the world
Certified and confirmed by
Trusted by Global Leaders
Get in touch
Get in touch with us today to find out how Acquirer and ASTREX can help you get
products to market faster with improved quality to satisfy your customers.
Or connect with uson social media
Contact us at:www.acquirer.com
[email protected]+353 1 604 1980
