Servebase has today announced its plans to allow other technology providers, financial institutions and other 3rd parties to licence its EMV payments technology in order to provide payment services to merchants.
With over 25 years in the payments industry, 57 Acquirer links and the ability to process payments over any channel, Servebase's technology is ideally placed to help businesses propel their services and product offerings to the next level.
From feature rich products to next generation platforms, Servebase has a portfolio that can add value to businesses, whether they are a mobile start up, established business application provider, EPOS hardware distributor, financial services provider or an IT systems integrator.
Servebase's capabilities span well over 30 countries, including those that operate online PIN and local debit cards, across Europe, North America and Asia. It has been used by well-known global brands and SME's for many years, covering a number of industries including Retail, Hospitality, Cruise and Travel to name a few.
With a variety of value added services, such as real-time analytics, DCC modules and cross-channel tokenisation wrapped around the core PCI compliant transactional technology, Servebase can have businesses up and running with their own payment service in no time - whether running it as a managed service for them or providing it as software in their own data centre.
Ritz Steytler, Servebase CEO, comments, "Servebase has traditionally only provided its software and services to end user merchants, however with the advancement of technology and the consolidation in the payments industry, we realised that the market would greatly benefit from more people being able to provide payment services to merchants. Our pedigree and fantastic new switch technology, is the ideal platform for them to do that."
Ritz concludes, "With consumer buying habits changing, new technology coming to the forefront and the continued acceleration of the interconnectedness of the global economy, it's an extremely exciting time and great opportunity for companies to get involved in the payments industry. This is an easy and cost effective way for them to do this."