Crossgate’s Crosscore platform is an API-based integration hub that allow simplified and more cost-effective deployment of multiple services that would generally be complex for issuers to implement themselves.
It provides in the main Mobile Payment in various forms, Data Analytics and Predictive modelling to make sense of payment data in real-time, and Value Added Services on a m-commerce platform.
The overall approach of Crosscore is to be issuer centric, technology agnostic as possible, and to partner with global technology leaders to deliver its solution - fully understanding that in the fast-moving payments markets collaboration is the most effective way for issuers to remain at the leading edge of payments. To this end, Crossgate selected Meawallet as its preferred mobile payment technology partner, as it holds fully certified solutions for the mobile device frontend, as well as the secure backend solution.
The partnership with MeaWallet will provide Crossgate the ability to enable its clients with contactless payments to MasterCard and VISA standards, and provide mobile and m-commerce capability utilizing MasterPass and DSRP.
The main parts of the solution will be a combination of sub systems. These include:
1. A new CMS;
2. Aggregated data platform that makes sense of all Crossgate’s data and integrates with line-of-business systems;
3. A library that allows third parties to easily integrate their mobile applications;
4. The client and admin websites;
5. A mobile wallet app;
6. MeaWallet’s mobile cloud-based payments solution.
Implementation will commence with one of Crossgate’s customers in Q1 2017, with the installation of full functionality to be completed by the end of 2017. The project will run out of South Africa initially to be rolled out to the rest of the African continent thereafter.