BPC Banking Technologies, a provider of open system payment solutions for the global financial industry, has announced the launch of SmartVista for Retailers, the latest offering in its SmartVista suite of solutions. According to the company, SmartVista for Retailers is designed to help businesses of all sizes streamline payment operations while supporting the widest range of payment methods and channels.
"For many years BPC has helped financial organizations and banks manage relations with merchants and consumers," said Marc Solomon, managing director of BPC U.S.A. "Now we’ve taken that experience to create SmartVista for Retailers, which helps retailers compete by differentiating their businesses from the competition, improving customer experience and driving additional revenue."
The solution supports single- and multisite retailers, as well as retailers with multiple departments. A full range of payment options are supported, including EMV chip and magstripe, contactless and mobile, credit and debit cards, prepaid and virtual cards, gift cards and vouchers, ensuring retailers can offer consumers the widest range of payment acceptance. Designed to operate in a dynamic environment, SmartVista for Retailers is multichannel, multicurrency, multilingual, multi-institution and multi-acquirer.
The company said SmartVista for Retailers also provides all the facilities needed to manage a POS network of any size, whether a mixed or homogeneous estate. Real-time monitoring across entire networks, and event notification facilities such as SMS and email, ensure that immediate action can be taken if network events occur.
SmartVista for Retailers supports incentive calculation and accounting, while providing many redemption options, including cash, discounted goods, free goods and fee reductions. Easy integration with existing systems gathers data for loyalty point calculation, plus SmartVista for Retailers can be connected to external systems to share information for co-branded programs.
Retailers can use the sophisticated routing and authorization capabilities to ensure that merchant service charges are kept to an absolute minimum, while delivering high levels of reliability, including stand-in authorizations if required.