New York, NY (NYC), December 9, 2019 - TAS USA Inc., part of TAS Group, a global provider of digital payments software, today announced that it has signed a deal with Super Processor Inc., a full-service payment processor based in Hawaii, to provide its end-to-end card payments platform, CARD 3.0 I.E., and deliver innovative issuing and acquiring functionalities to cover the entire payments value chain.
Super Processor will make full use of TAS USA’s powerful and flexible payments solution capabilities to manage, on the acquiring side: merchant onboarding, merchant accounts, transaction processing and both physical and e-commerce POS, and on the issuing side: card lifecycle management, transaction processing, authorizations, clearing, disputes, fraud detection and 3DS2 (ACS), all seamlessly integrated in one secure state-of-the-art environment.
The agreement initially foresees the issuance and management of MasterCard-branded credit cards on the CARD 3.0 I.E. platform in Q1 2020, with the launch of a brand new card program that will make use of sophisticated loyalty functionalities to deliver a highly innovative customer-centric payment product. The cards will be issued under the license of Technicolor Federal Credit Union, a principal member of MasterCard.
The project marks a crucial step in Super Processor’s transition from Payments Services Provider to full processor enabling the US company to bring a highly compelling and economically attractive offering to the market. Thanks to the solution’s rich functionality and high level of parametrization, Super Processor will be able to offer ultra-customized, cutting-edge payments products to its customers, ensuring it stays competitive and responds quickly to changing market and regulatory requirements.
CARD 3.0 I.E. is being delivered in the Cloud via a rich set of APIs, providing Super Processor with the flexibility to scale with demand while at the same time ensuring a high level of security and performance.
The Cloud model is gaining real traction in the US as businesses learn to exploit this cost-effective mode of deployment, which offers the much sought-after agility in responding to market opportunities. It is the Cloud’s hallmark agility that is now enabling innovation on-demand, where businesses can design and deliver soft launches or pilot programs in a much easier and cheaper way, as well as quickly scaling up as needed when rolling out successful use cases.
“We are extremely excited to enter this working relationship with TAS USA in our effort to enhance service and stimulate creativity in the payments industry,” commented Michael Tsang, Super Processor CEO. “This relationship will enable us to bring forth many innovative products that banks, merchants and sales distribution channel partners have been seeking for many years. Deploying their CARD 3.0 IE solution through the Cloud will provide us unparalleled agility, speed and power to serve our customers at reduced costs.”
“We are delighted to have been selected by Super Processor to deliver their payments platform, something that will enable them to play a wider role and differentiate themselves in very dynamic and competitive payments markets,” remarked Peter Caiazzi, Managing Director, TAS USA. “We see this as the start of a long-term strategic partnership that will allow Super Processor to quickly grow both the issuing and acquiring sides of the business.”
“CARD 3.0 IE solution, deployed through the Cloud, enables our customers to better manage their infrastructures, save on costs, increase speed to market and improve service levels,” he added.