Transaction Junction’s (TJ’s) newly developed payment switch provides flexibility and agility to better serve customers across a multitude of verticals.
When a customer makes a purchase from a point of sale (POS) device at a retailer, they seldom consider the business-enablement platform that provides the link between themselves, the retailer and the bank facilitating the transaction. However, this platform is vital to ensuring that such a payment can be processed rapidly and accurately, and that the customer can obtain their product, while the retailer receives its money.
As the provider of omnichannel payments across channels on a single platform, Transaction Junction offers an end-to-end transaction processing solution to retailers, which meets all their payment requirements in what is a digitally transforming environment.
To this end, says Lester Sonemann, Head of Product at Transaction Junction, the company recently built its own in-house payment switch that is designed to handle the processing of newer payment types, providing the flexibility required in this digital era.