The suite of processing services will be available for credit card, debit card, prepaid, corporate/commercial cards, mobile payments and private label cards. Hosted on VeriFone’s PAYware CMS platform, the processing services will be configured for mid-market financial institutions including credit unions, banks and also merchants.
Quatrros services include processing, analytics, transaction monitoring and a host of proprietary risk management platforms for card issuers, acquirers, processors, online retailers, merchants, banks, credit unions, prepaid and alternate payment providers.
In recent news, VeriFone Systems has entered an agreement with telecommunications company China Mobile and financial institution Bank of China to deploy VeriFone’s managed services solutions for NFC payment and mobile marketing in Shen Yang, China.
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