Solutions

Open Card System (OCS)

An Innovative Service-Oriented Card Processing Solution

Open Card SystemMission critical payment services hub solution for all institutions looking to refresh their card payments technology.

The Technology Challenge for Card Payment Processors

Many card payment processors face the unpleasant reality of replacing old or unsupported technologies. Leading analysts such as Gartner recognise this but warn against the simplistic approach of a ‘like for like’ replacement strategy. Instead, without exception, they recommend the extension to cards payment processing of the payment services hub approach that has been successfully implemented for other payment types. Their strong advice is to work with vendor partners that possess a vision and strategy for the payment services hub.

Open Card System

The Open Card System (OCS) from Clear2Pay is the complete solution for card payment processors. OCS works across all channels from traditional ATM, branch and POS, to the emerging fields of e-commerce, mobile and NFC. OCS manages multiple institutions, channels and brands from a single installation with full multi-language and multi-currency capabilities.

The Way Forward

OCS is an alternative approach that provides the means by which both issuers and acquirers can address the replacement of old or unsupported technology and move towards a unified payments services hub architecture. Clear2Pay also provide a clear, evolutionary migration path for the realisation of this approach.

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