Under the agreement, AJB’s payment processing application suite allows merchants to implement First Data’s DCC service. DCC is a currency and payment service that allows merchants to allow international Visa, MasterCard and branded payment cardholders to make purchases in their local currencies.
AJB’s payment processing application suite includes Flexible Integrated Payment System (FIPay) and Retail Transaction Switch (RTS). FIPay provides the in-store system component responsible for integrating the PIN pad device into First Data’s DCC solution. AJB’s Retail Transaction Switch (RTS) provides real-time authorizations to First Data for the DCC transactions.
In recent news, global online freight payment system company PayCargo has selected First Data Corporation to power its B2B commercial payments service.
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