i-TransAct e-Payment Solution for Retail Petroleum Payments

i-TransAct offers i-TransRePP, a comprehensive payment solution for the retail oil industry. The solution is based on open systems architecture and is customisable to suit different business and technical requirements of our customers The solution is highly flexibile and offers various connectivity options for the forecourt and the HQ including TCP-IP, Wi-Fi and traditional RS485 Lan.

i-TransRePP includes all the components necessary to build a secure end-end e-Payment infrastructure, right from acquisition of the card at the pump through to authorisation and settlement of the payment. i-TransRePP supports several card payment options including debit, credit and Fleet card, both mag-stripe and chip-card types. i-TransRePP also offers optional integration with value-added card programs such as Fleet Cards and Loyalty Cards.

Key Technology components outlined as follows:

• i-TransPay ATS (brochure in PDF)

• i-TransPay RPG (brochure in PDF)

• HSM – Hardware Security Module (brochure in PDF)

i-TransRePP consists of two core components viz. i-TransPay Payment Gateway (at each Retail Outlet), i-TransPay ATS (at the HQ). Further both components are fully integrated with industry standard hardware security modules, to ensure end-end transaction security. The Payment Gateway and ATS offer several interfaces for integration of associated systems at the Outlet-level and HQ-level such as Pump-controllers, POS stations, Front-office and Back-office servers, Fleet Card Management Systems, Loyalty Hosts and external 3rd-party partner systems such as Acquiring Bank Hosts, Financial Institution Hosts, Loyalty Program Systems, Biller Hosts, Telco Pre-paid systems etc.

Key Technology components outlined as follows:

• Based on open-systems technologies (Java/J2EE/XML)
• Standards based (ISO8583/EMV)
• Connector-based interfaces for integration with outlet-level and HQ-level
• Adherence to current international payment security standards (DES/3DES/ANSI X9.8/ANSI X9.9)
• Rich functionality supporting complete authorization, capture and settlement of payments
• Easy integration with in-house financial/ERP systems

Key Benefits to Petroleum companies:

• Enhance customer relationships
• Reduce cost involved in processing fraud & chargebacks
• Increase the confidence of customers to make card-based purchases
• Build & strengthen dealer/operator relationships
• Increase customer retention
• Increase customer acquisition
• Reduce risk
• Add new revenue streams by offering value added services such as Utility and Telco post- and pre-paid bill payment, by partnering with 3rd parties such as Utility companies, Telcos etc.

Benefits to Oil Company’s Customers:

• Increased confidence to make card-based purchases
• ncreased convenience
• Access to value added payment services
• Better shopping & payment experience for consumers
• Higher turnover for pump sales through retail automation programs

Return on Investment:

• Revenue growth is achieved through increasing the use of cards for payment@pump transactions.

• By providing a complete and secure set of payment options, more cardholders will be attracted to make petrol purchases at your petrol stations.

• Customer relationships can be improved by leveraging a database of purchasing patterns to effectively tailor delivery of new services to each specific client.

• Developing partnerships with consumer and corporate customers can result in increased transaction volume and enhanced cardholder loyalty.