Thursday, April 26, 2007

Services - Payments

Point of Sale (POS) Payment Processing Services

POS terminals, as the name suggests, are the preferred way of processing credit/debit cards, checks and smart cards in a traditional merchant's environment. POS terminals offer an appropriate solution for consumers looking for flexible shopping experiences and enterprises looking to reduce costs and maximize space. The merchant swipes/hold the customer's card/mobile device (NFC) through the terminal, key-in payment information and the terminal does the rest to complete the transaction. The applications supported include a range of payment and value-added services, including credit and debit cards, smart cards, prepaid services, loyalty, gift , proprietary services and business management solutions, such as inventory control, dispatch and delivery to name a few.

Several layers of security eliminate potential threats in POS systems making them less vulnerable and user friendly. Tarang offers the best focused solution to its customers in payments domain thus offering convenient electronic money services.

Tarang has expertise in delivering POS solutions ranging from smart card based applications to EMV implementations. The POS team comprises professionals with in-depth domain expertise in architecting, designing, developing, testing and maintaining POS application systems. We cater to the needs of a wide spectrum of industries supporting various POS applications like Credit, Debit, Gift & Loyalty, Smart card and Check.

Tarang provides solutions for POS terminals and integrate them with back office systems/TMS. The services provided are:

* POS Application development
* PC Based POS Application
* Handheld POS Based
o Credit & Debit application
o MICR Check Application
o Gift Application
o Loyalty Application
o Value Added Applications
o Smart Card Applications
o EMV Application
o Contactless Application
* Legacy Applications- Migration, Maintenance and Support
* Certification Support
* Testing
* Wireless POS solutions (CDMA/GPRS/GSM)
* EMV Level 2 Applications
* Multi Applications
* Multi Currency
* Multi Language
* Internal/ External PIN PAD

Industry wide solutions

By looking at the present opportunities in the POS Domain and also realizing the need of our customers for payment processing Tarang is offering services across a cross-section of verticals:

* Finance
o Magnetic Stripe Cards, MICR Checks, Smart Cards etc
* Retailers
o Credit and Debit Applications, Pre-paid Application, Gift & Loyalty, Dynamic Currency Conversion (DCC)
* Restaurants & Hotels
o Credit and Debit Application, Pre-paid Application
* Multi Lane
o Supermarkets - Remote Administration, Transaction Management, Updating Bank Applications, Security Management, Network Management, Gift & Loyalty, Private Applications
* Petroleum
o Petro, Gift & Loyalty, Prepaid
* Automotive Solutions
o Prepaid Taxi, Public Transport
* Mobile Commerce
o Credit and Debit, Prepaid, Closed Loop
* Biometrics

Security Features include:

* End-to-end cryptography schemes built on technologies such as RSA, DES, Triple DES and SSL
* Key management techniques, which include key generation, key exchange, and key storage
* Application data security, which includes message level security and data storage security

Technologies

* C,C++
* GP STIP
* J2ME, Windows Mobile Applications (Win CE)
* Assembly

Message formats

* ISO 8583
* Proprietary

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