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Banking Systems.

Payment
Systems
Migration

Migrating a payment system from a platform, version, or product to another, has become a rather standard service than a custom project over the last decade. PayX is a leading provider of highly skilled implementation services to our clients, globally. Along with several payments migration teams and state of the art methodologies and tools, which are deployed to customer sites during projects. PayX provides Turnkey Services to optimally mitigate risk and adopt smooth migration within businesses.

With the recent success of a leading European Bank that had required migration of their card management system to a newer, more sophisticated HP Nonstop platform. PayX in close partnership with the HP NonStop Division provided turnkey migration services to ensure its stable migration at optimal risk. PayX enjoys a strong reputation from customers, in its understanding of the payments ecosystem, working holistically with a total system integration mentality.

Establishing the EMV.

The EMV chip is arguably the most noteworthy change of the last few decades in the card payments industry and is gaining a lot of momentum. Although the global chip infrastructure is finally taking shape, along with it comes several obstacles and challenges. From an undeveloped interbank organisation, difficulty in the different payment networks coordination to the customised specifications within unique business environments, stakeholders are still weary of a smooth chip migration.

PayX works with several top EMV experts in the world who have already been through this migration. We can advise on roadmaps and provide consultants to take your organisation through this challenging process.

Mobile Payments

Mobile payments have become a major addition to the payments processing landscape with its supple application, dynamic technology, and omnipresence. The mass market adoption of mobile payments technologies (particularly NFC) can be linked to the adoption of chips over the last 8-10 years. With continually improving device and network capability in the mobile financial services arena that are now being leveraged by industry value chain participants. PayX brings a wealth of experience in Mobile Financial Services interoperability (MFSi) Projects. While initiating the world’s first National MFSi scheme, PayX offers several decades of experience in successfully implementing and managing shared payment infrastructures.

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