Background
The bank needed a traditional merchant acquiring solution with terminal management and local cryptographic key loading, ensuring compliance with existing security protocols. The solution had to support a physical key loading device (KLD) and be scalable for a small bank with a limited number of terminals.
Tasks
- Enhancing payment convenience andspeed for customers
- Ensuring transaction reliabilityand security through proven technologies
- Reducing the costs of maintainingthe acquiring infrastructure.
Business Impact
Optimized Operating Costs
Achieved a 30% reduction in operating costs for acquiring network maintenance through centralized management via TMS.
Rapid Revenue Growth
Recorded a 25% increase in acquiring revenue driven by the rapid deployment of the terminal network.
Strengthened Local Partnerships
Enhanced the bank's reputation as a reliable partner for local businesses.
Expanded Customer Base & Loyalty
Attained a 15% growth in the customer base along with increased customer loyalty.
Accelerated Transaction Processing
Increased transaction processing speed by 40%, leading to enhanced customer service.
Secured Acquiring Operations
Ensured the reliability and security of acquiring operations through the use of KLD.
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