This series of business events reveals the first level of complexity inherent in a network processing electronic payment card transactions. Typically, merchants work with Independent Sales Organizations (ISOs) combined with merchant service providers to procure and operate the network needed to integrate the merchant's sales systems and the acquiring bank's application host servers.
Several acquiring banks and issuing banks hire third party processors (TPP) to provide Internet service connection and/or operate the core networks required to interface with merchant service providers, and a card interchange network. Some of these banks also entrust their TPP with the responsibility of handling application host servers or front-end servers for application hosts.
As the electronic payment card (EPC) transaction industry continues to evolve from dial-in access and dedicated networks to Internet protocol (IP) access and multi-use networks, applications supporting business solutions in this industry continue to mature.
For an acquiring bank or for a third party processor working with an acquiring bank, the AccessGuard 500™ system simplifies the network design, deployment, operation, and maintenance by providing SSL Processing, Transaction Processing, Protocol-Based Routing, and Integrated Management and Reporting into a single network component.
To review additional information on how the AccessGuard 500™ system is helping businesses deploy electronic payment card (EPC) transaction networks, review the AccessGuard 500™ system application brief.
