Pooya Card Payment System

The Pooya Card Payment System is a comprehensive software system that fully meets payment services requirements of banks, financial institutions, credit institutions and other payment service providers (PSPs) both as issuers and acquirers. The system supports payment services favorably, swiftly and broadly (numerous cards, ATMs, POS and …). The system has been designed and developed on the following basis:

The assistance of international consultants, well experienced in the card payment system
Experienced analysts, skillful software designers and programmers expert in banking business
The adoption of state of the art technology for large scale software development

Pooya Card Payment System

The Pooya card payment system is where business experience and the creative application of information technology meet. During the previous decades, electronic banking (e-banking) has developed rapidly in all countries around the world. In Iran this development has been very rapid to the extent that by the year 2013 more than 200,000,000 smart cards were in use in addition to 30,000 ATMs, 2,800,000 POS terminals and a great number of banking kiosks. A considerable number of financial transactions such as bill payments, fund transfers and purchasing of goods and services have since been generated by the telephone, mobile and the internet. Following this rapid development, Service Providers (PSPs) and other card service companies are faced with overwhelming amount of financial transactions. In order to meet customer demand and support large amounts of transactions, Card payment systems and their modules need to be up grated to the latest technology. Particularly the switch section as the core module should be favorably efficient and flexible in transaction processing.

Features

Consists of independent, but integrated modules, to meet the business requirements of small to large banks
Includes all necessary modules required to provide various card services
Designed and developed using the latest software development technologies
Utilizes the consultation of card payment business experts
Supports numerous transactions, terminals, cards, accounts, etc.
Supports the Oracle database
Possesses a rich database structure
Provides continuous on-line services during daily batch activities such as cut-off
Supports common and standard communication protocols such as ISO 8583
Highest security standards considered in software development and payment fields
Accounts definition and management
Provides all engineering services required for implementation, such as requirement analysis, business design, modifications, training, acceptance test assistance, and migration plan.
Provides 24/7 technical support and services

Advantages

The Pooya Card Payment System – consists of several independent modules that enable it to meet all the payment services requirements of an institution. The independency of the modules provides the flexibility and options for the customers to purchase only the ones needed and avoid paying for the features they do not use.

Modules

Issuing Module
Acquiring Module
Transaction and Routing Management (Core Switch)
Monitoring
Account Definition and Management
Reports

Issuing module:

Customer Management
Defining customer (real person, legal person, governmental, organizational and so on)
Defining group (banks, ordinary customers, VIP customers, etc.)
Customer profile(address, telephone, e-mail, …)
Using existing customers’ database.

Card Management
Instant issuance of all types of cards as well as batch group issueances
Instant print of PIN as well as batch group printing
Card replacement, missing or stolen cards
Hot and warm list management
Batch reprinting request for card or PIN
Managing the location of card issuance
Parameters for printer, card, …
Card layout design
Statistical and analytical reports

Transaction Verification
Account Management and Keeping Account Balances
Statement Management
Recording History of Financial & non-Financial Transactions
TransactionMonitoring
Black List Management
Call Centre Support

Acquiring Module:

Defining ATM
ATM Management
Activating/deactivating
Daily cut-off
Settlement
ATM monitoring
Events logging

POS/ EFT-POS Management
POS terminal profile
Acquirer/branch profile
Daily cut-off
Settlement of acquirer/branch accounts
Events logging

Acquirers Management
Rich architecture of acquirers database (chain, subgroup, store, section, …,
terminal s)
Acquirers contract management (definition of commissions and percentages)
Acquirers account management
Discount management
Definition of types of settlement with acquirers (periodically, completely or
partially, chain, …, terminals)
Definition of statement conditions.

Transaction Management
Preparation of Call Center Requirements

Core Switch (Transaction and Routing Management):

Acquiring/issuing status support
Web based and Multi-tier architecture
ISO8583 protocol support
Use of Oracle database and its development environment
Scalability provided by the development environment
Availability provided by the development environment
Hot backup, Online recovery, Disaster site support
Supporting XML
Capability of implementing proprietary protocols
Supporting different types of financial transactions (deposit and withdrawal and multiparty fund transfers)
Supporting different types of non-financial transactions (defining and changing various PINs, obtaining short statements and etc.)
Definition of parameters (Fee & Limit)
Host interface (banking accounts system)
National switch interface
Other institutions switch interface
Payment gateways interface
Virtual banking channel interface (Internet banking, Telephone banking, Mobile banking, …)
HSM interface (supporting various HSMs and VHSMs)

Monitoring:

ATM Monitoring
Grouping ATMs in the tree structure
Working time definition
List of ATMs
Graphical display of ATMs state
Sending commands to ATMs

Transaction Monitoring
Ability to perform Searches and advanced searches at different field levels
Displaying transactions lists and summarizing the status and information of transactions
Displaying card information, the amount on the card, the date, and VIP level
Display POS and merchant
Display account or credit information
Ability to change the background color according to state of the transaction

Account Definitions and Management:

Definition of different types of accounts (credit, debit, loan, …)
Definition of transaction types (purchasing, cash transactions, fund transfers, e-transactions, making payments, etc.)
Management of minimum and maximum limits of deposits/ withdrawals
Calculation of fees, profits and credits
Statement information
Tracking account statuses (delayed payments, unpaid accounts, pending installments, …)

Reports:

Periodic reports (daily, weekly, monthly)
Terminals operations report (real/ virtual)
Reports needed for account settlements
Operational, statistical and management reports

Technology

Multi-thread and multi-tier architecture
Web-based
Java standard environment (JVM) for Core Switch such as all sorts of Unix OS
Oracle 11g as database management system
Web logic as application server
Development tools: C, PL-SQL, Jdeveloper

Security

Ensuring a highly secure connection to the system (through application programs, APIs, SQL, ODBC) by considering security issues at the database level.
Management and control of user access rights in different levels (table, column, process)
Monitoring and logging audit trails on applied modifications to the system database including user ID, modification in the date &time and modified programs (i.e. What modifications were applied and by who)