Under the terms of the deal, BPC will combine the SmartVista, its payments service, with RFID technology to deliver an integrated service for Ukraine’s fleet operators managing all aspects of petrol sales in the country. The newly launched service can be deployed across the network of fuel stations in different countries regardless of the amount of participants.
SmartVista provides online authorization for each fueling transaction as well as the subsequent clearing and settlement between the participating organizations. SmartVista also supports scheme management through a central data base containing details of participating fleet companies, vehicle identifiers, fuel station merchant codes and RFID tags, as well as transaction limits and fees. Additionally, SmartVista provides credit management capabilities.
In recent news, BPC Banking Technologies has inked a contract with Armenian financial institution ArmBusinessBank, to provide its e-payments service SmartVista for the latter’s in-house processing centre
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