Realtime online PROCESSING
The online services are based on the Distra platform
(www.distra.com) and provide:
- Online switching
- Protocol conversion
- Stand-in authorization
- EMV cryptogram validation and calculation
- Scheme, merchant and terminal rules validation
Back end PROCESSING
The back end is based on the BPC SmartVista suite
(www.bpcbt.com) and provides:
- Clearing and settlement services following mainly the
Berlin Group standards, rules and procedures
- Funds transfer facility
- Interchange Fees validation and calculation engine
- Reporting and invoicing services
- Acquirer back office: merchant contract management,
invoicing and reporting
INTER BANK PROCESSING
payfair uses Distra as Switch platform, which is already
used for Faster Payments Service (FPS) in UK.
Overall performance
NETWORK AVAILABILITY
Theoretically 100%. Distra's distributed architecture inherently
provides a replicated, scalable and fault-tolerant operating
environment for enterprise class payment applications. The
Distra platform follows a true distributed computing model, with
the application distributed as a collection of distributed software
services, across separate nodes or servers within the platform.
The platform manages two distinct types of services:
the peer-to-peer services are managed in such a way that
distribution is supported via the reliable messaging mechanism
for state distribution and each service is considered a peer.
Primary-secondar y services are replicated in such a way that
one is designated as the primary instance and the others are
considered ordered replicas or slaves, each being kept in
constant synchronization and the Distra platform orchestrating
the failover of the primary to an available secondary instance in
the event of failure.
SWITCHING TIME PER TRANSACTION
Less than 300 msec.
CARDHOLDER AUTHENTICATION
- Card based emv transactions:
- the cardholder is offline authentified by the ICC.
Nevertheless the online server is ready to provide online
pin verification.
- Mobile phone authentication:
- PayFair@ products suite (i.e. payfair@Internet,
payfair@POS...) are revolutionary new ways for people
to pay for their purchases online or at POS using their
mobile phone. The customer enters his/her mobile
number and a secret password, then the payfair
application calls the customer's mobile and sends an
audio file to their computer or to the POS. The customer's
phone 'listens' to the audio file, which is decoded by the
payfair application at the other end of the line. Then the
transaction is submitted for bank authorization.
AUTHORIZATION
- Standard protocols supported
(Iso 8583, Berling Group, C-Tap)
- Single and Dual Message
- Format Conversion facility
STAND-IN PROCESSING
The system is ready for basic stand-in options using
velocity and/or positive card files, and spending limits
facility.
Transactions authorized in stand-in are stored and
optionally forwarded on-line to the host authorizer when
it becomes available.
CLEARING & SETTLEMENT (C&S) FUNCTIONALITIES
- The clearing and settlement system is based on
BPC Smar tVista C & S Suite (Recommended by Gartner
Group)
- The System is based on Berlin Group format,
rules, procedures and standards (www.berlin-group.org).
Additional services
DISPUTES & CHARGE-BACKS
- Disputes and charge-backs are following Berlin
Group rules, procedures and standards.
http://www.berlin-group.org/
REPORTING
Main reporting are available in pdf, xml or Excell format
accessible by web por tal and FTP.
GATEWAY SERVICES
payfair is currently connected to the payfair network.
Our standard switch provides interfaces to most national
and inter national gateways and provides also facilities to
put rapidly in place new inter faces thanks to our flexible
for mat and protocol conversion facility.
SECURITY REQUIREMENTS
- Security requirements are mainly based on
Berlin Group Security requirements
- PCI-DSS compliant Software
- SAS70
- EMV
Innovative Payment Methods
PAYFAIR@INTERNET
Customers pay purchases on e-Commerce with their
mobile phone without providing their credit card data.
Customers are authenticated by PIN code and sound.
Click here to watch a Demo video.
PAYFAIR@POS
Customers pay purchases at POS Terminals with their
mobile phone without providing their plastic card.
Customers are authenticated by PIN code and/or sound.
PAYFAIR@ATM
Customers withdraw cash at ATM with their mobile phone
without providing their plastic card. Customers are authenticated
by PIN code and/or sound. Usable by cardless
or unbanked people to cash out cash or remittance.
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