The Logicom Solutions Payment Engine enables an organization to facilitate electronic payments for their systems to external customers and partners, in a secure manner with minimal credit risk, effort, and timeframe. The Logicom Solutions Payment Engine is a middleware platform that serves as a single channel, integrating client applications with various Payment Service Providers.The Payment Engine key features are:
- Asynchronous Payments (PSP Hosted Payments)
- Synchronous Payments (PSP APIs, Credit Card Tokenization, e.g. Saved Cards)
- Batch Payments
- Continuous transaction reconciliation with Payment Service Providers
- Real Time Fraud Reduction Rules and Reporting
- Multi-Currency enabled
- Multi-tenant capability
- Modular Architecture (Plugin adapters for PSPs)
- Offered as “On Premise Installation” and as “Cloud Service”