BankWorld
Point Of Sale
As the POS channel becomes more and more popular, banks must ensure that they have the right solution to deliver the advanced technology that their customers demand.
BankWorld POS enables your bank to acquire transactions from merchant POS terminals and route these to the appropriate card network such as VISA™, MasterCard™ and Union Pay International™ as well as perform settlement and reconciliation.
BankWorld POS goes beyond accepting payment on POS with advanced services which can be fully integrated within your banking channels.
Our BankWorld POS software solution has extensive merchant management functionality and can provide a web-based portal for merchants to review and monitor transactions.
BankWorld POS
Benefits
to Bank
- Increased profit through multi-currency acquiring and volume
- Customer acquisition via agency banking
- Broad terminal choice
- Rapid time to market
- Ease of use Optimum
- Security: EMV, 3DES
- Integrated to BankWorld’s Digital Banking Platform
Merchant
Benefits
- Increased revenue
- Reduced cash management costs
- Quick product rollout such as agency banking services
- Instant access to account information
Benefits
to Customers
- Quick and convenient
- Access to agency banking network
- Payment in local currency possible when abroad
Banks must ensure that they have a powerful, functionally-rich POS channel that gives them the opportunity to increase revenue, reduce operational costs and improve customer satisfaction, a channel that complies with the highest requirements in the payments industry.
BankWorld POS ensures customer retention via innovative services such as cash and cheque deposit on the POS terminal, bill payment, refund, agency banking services and so much more.
BankWorld POS provides banks with a merchant-acquiring solution that is fully EMV and triple DES compliant as per industry wide mandates.
These comprehensive security tools allow your bank to tackle risk exposure and gain end-to-end fraud protection.
Customers are provided with the ability to carry out transactions in a more personalised manner, having the opportunity to select the currency that they are most comfortable with such as their home currency when abroad.
BankWorld POS provides a teller solution to support agency banking services in geographies where a traditional banking infrastructure may be lacking.
The solution makes the channel work better for your bank and is particularly effective in terms of reaching out to both the underbanked and unbanked populations.
Our POS Software solution allows your staff to monitor each POS device on your network and has the ability to take a device offline and turn it back online from a centralised location.
Detailed reports with information on transaction values, volumes and even failed transactions can all be generated.
BankWorld POS can be integrated to any POS terminal manufactured device, including portable devices.
CR2’s lengthy experience with vendors such as Hypercom, VeriFone and Ingenico is testament to the solution’s flexibility.
Your bank can have peace of mind with a solution that offers a straightforward integration.
BankWorld’s POS delivers:
Integrated POS/merchant acquiring system
Merchant Settlement
EMV and Triple DES Compliance
Scheme Clearing and Settlement
Agency Banking
Transaction Switching
Multi-currency
Visa, MasterCard, UPI Support
Management and Reporting Tools
Reconciliation
Merchant Interface
Serving over 100 banks in 60 countries
A world leading vendor in the Digital Banking Platform market, we uniquely offer the broadest range of physical and digital banking channels today.
