The Green Sheet Online Edition
June 6, 2014 • 14:06:02
FI-proven platform for merchants
BPC Banking Technologies, an open system payment provider to the financial industry, unveiled SmartVista for Retailers in April. Built upon BPC's multilayered SmartVista platform, the integrated payment processing system is designed to deliver both flexibility and security.
"For many years, BPC has helped financial organizations and banks manage relations with merchants and consumers," said Marc Solomon, Managing Director, BPC U.S.A. "Now we've taken that experience to create SmartVista for Retailers which helps retailers compete by differentiating their businesses from the competition, improving customer experience and driving additional revenue."
According to BPC, SmartVista for Retailers offers a multichannel, multicurrency, multilingual, multi-institution and multi-acquirer platform that can be configured to individual POS networks. For example, it can support one or more retail locations and multiple departments. It features a choice of payment options including Europay/MasterCard/Visa chip, mag stripe, contactless, mobile, credit, debit, prepaid, gift and virtual cards, as well as voucher payments.
BPC pointed out that the loyalty component allows merchants to build and manage programs, whether integrated with an existing system to collect data and calculate loyalty points, or connected with an external system to share information for a co-branded loyalty program. Redemption settings can be set up based on such criteria as cash, discounted goods, free items or fee reductions.
Additional benefits of SmartVista for Retailers include:
- Suitable for merchants with single or multiple locations
- Scalable for merchants who wish to expand locally or globally
- Simple to integrate with both internal and external systems
- Multilayered security affords PCI PA-DSS compliance
- Loyalty component includes flexible redemption options
BPC reported that merchants using the system's routing and authorization capabilities can rest assured that service charges are kept to a minimum and that continuity of service is consistent due to its stand-in authorization feature. And SmartVista has been certified as Payment Card Industry (PCI) Payment Application Data Security Standard (PA-DSS) compliant. In addition, BPC's SmartGuard real-time fraud prevention tool is available as an add-on. 
Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.
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