Merchant Acceptance
Point of Sale
As the POS channel becomes more and more popular, banks must ensure that they have the right solution to deliver the advanced technology that their customers demand.
BankWorld POS enables your bank to acquire transactions from merchant POS terminals and route these to the appropriate card network such as VISA™, MasterCard™ and Union Pay International™ as well as perform settlement and reconciliation.
BankWorld POS goes beyond accepting payment on POS with advanced services which can be fully integrated within your banking channels.
Our BankWorld POS software solution has extensive merchant management functionality and can provide a web-based portal for merchants to review and monitor transactions.
POS channel to comply with the highest requirements
BankWorld POS ensures customer retention via innovative services such as cash and cheque deposit on the POS terminal, bill payment, refund, agency banking services and so much more.
BankWorld POS provides banks with a merchant-acquiring solution that is fully EMV and triple DES compliant as per industry wide mandates.
These comprehensive security tools allow your bank to tackle risk exposure and gain end-to-end fraud protection.
Customers are provided with the ability to carry out transactions in a more personalised manner, having the opportunity to select the currency that they are most comfortable with such as their home currency when abroad.
BankWorld POS provides a teller solution to support agency banking services in geographies where a traditional banking infrastructure may be lacking.
The solution makes the channel work better for your bank and is particularly effective in terms of reaching out to both the underbanked and unbanked populations.
Our POS software solution allows your staff to monitor each POS device on your network and has the ability to take a device offline and turn it back online from a centralised location.
Detailed reports with information on transaction values, volumes and even failed transactions can all be generated.
BankWorld POS can be integrated to any POS terminal manufactured device, including portable devices.
CR2’s lengthy experience with vendors such as Hypercom, VeriFone and Ingenico is testament to the solution’s flexibility.
Your bank can have peace of mind with a solution that offers a straightforward integration.
POS Solution features
Integrated POS/merchant acquiring system
Merchant Settlement
EMV and Triple DES Compliance
Scheme Clearing and Settlement
Agency Banking
Transaction Switching
Multi-currency
Visa, MasterCard, UPI Support
Management and Reporting Tools
Reconciliation
