Payments Switching
S1 enables financial institutions and processors to solve the issue of aging legacy platforms with investments in open-systems payments architectures. Our open-systems philosophy frees companies from the burden, and considerable expense, of paying for proprietary hardware, software, and maintenance.
Companies that have selected S1 to meet their payments switching requirements have enjoyed a simplified path to satisfying the ever-changing PCI DSS and local market compliance requirements. And, as your business expands, we provide the high scalability and availability you need to ensure your customers receive the level of service they expect.
- Secure real-time payments processing and validation
- Intelligent transaction switching and routing
- High volume handling
- Sophisticated stand-in authorization capabilities
- Simplified integration to host systems, core banking applications, and card schemes/networks
Our customers process 10 billion transactions annually from over 100,000 ATMs and 750,000 POS terminals. We serve the needs of:
One of the three largest core processors in the United States
One of the largest EFT processors in Europe
Two of the largest core systems providers in the United States
Eight African inter-bank payment switches
"After an extensive evaluation process, we selected the S1 Payments EFT switch and processing platform because it demonstrated that it could satisfy our requirements for reliability and scalability, provide cost savings, and most importantly, allow Alaska Option to quickly and effectively roll out new services to our customers."
— John Shipe, President, Alaska Option
