Pooya Banking Switch

In modern banking, the banking switch acts like a beating heart, central to most transactions in banking systems, playing a crucial role in providing stable electronic services and financial transactions for customers.

The Pooya Banking Switch, developed with local knowledge and the latest software technologies, is an advanced, scalable, and efficient product with high TPS (transactions per second) and load distribution capabilities. Currently, this system processes millions of transactions daily, serving tens of millions of cards in the national banking network and directly managing tens of thousands of ATMs and kiosks.

One of the key features of this system is its stability during peak transaction times, as evidenced by reports from the Central Bank’s Payment Systems Department. Thus, the Pooya Switch is recognized as one of the most successful banking switches with the lowest rate of returned transactions in the national banking network.

This system, with 20 years of experience, is backed by Pooya Company and experienced experts in card payment and is supported 24/7, 365 days a year.

Some of the features of the Pooya Switch include dynamic password services across all possible platforms (ATMs, banking kiosks, mobile banking, internet banking, USSD, and token generators), support for the Central Bank’s KAHROBA, the ability to define shadow accounts, online connection to MANA, MAKNA, Fanavaran Hub, Shetab, and any other network as per specific customer needs, customer discrepancy management, support for all ongoing transactions in the national banking network, the ability to connect various banking terminals (ATM, kiosk, pinpad, POS, CDS, CRS, etc.), fee management, charge management, centralized terminal monitoring, support for end-of-day operations for branches and terminals in a centralized manner, and more.

Moreover, the Pooya Switch has been innovative and pioneering in many aspects of banking switches in the country. For instance, it was the first banking switch to migrate to the new Shetab version (Shetab 7). It introduced cardless services on ATMs (cash withdrawal, etc.) for the first time and won the Dr. Nourbakhsh Award at the Fifth Electronic Banking Conference. The Pooya Switch was the first to offer Sayadi check service chains on ATMs.

The Pooya Switch features very high security levels. Supporting various HSMs, equipped with the SSM module, and the ability to encrypt using different algorithms ensure the bank and customers’ peace of mind, protecting them against many security threats and misuse of customer information.

Compliance with “Payment Information Security” (PCI DSS) standards is another security feature of the Pooya Switch. This system can establish real-time connections with fraud detection systems, especially the “Separ and Yekta” systems from Pooya’s product suite.

Undoubtedly, connectivity to other systems is one of the most prominent features of a banking switch. In this regard, the Pooya Switch supports all common communication protocols in the banking network, including ISO8583, NDC, and Web Service, quickly enabling connections with other bank systems like Host or external systems.

Additionally, the Pooya Switch offers a powerful set of web services and APIs, allowing banks to develop non-presence services and collaborate with fintechs and value-added service providers.