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Online Payments

Compass Plus announces global expansion of processing business

Wednesday 19 September 2018 | 02:03 PM CET

Compass Plus has announced the global expansion of its processing business with its fully compliant, Mastercard and Visa certified UK-based processing centre.

Compass Plus, a provider of electronic payments and retail banking software to processors and FIs, has offered processing services to Russia and its neighbouring countries for 25 years.

The UK-based processing centre is an extension of this business line, and has been established to offer more deployment options to a wider range of players and to get them to the market even quicker. Thus, the TranzAxis platform is now available in an outsourced model.

As a processing platform, TranzAxis provides FIs and others in the payments industry with a solution tailored to their requirements, enabling users to get involved in solution design and throughout its evolution.

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