Our Range of Payment Solutions
Our Payment Card's Centers of Excellence
"Our Payment Card Services Organization operates as a collaboration of three centers of excellence"
Point of Sale - Practice @ ThoughtFocus
Thoughtfocus has been developing and delivering POS applications teaming up with one of the leading terminal manufacturers. Our POS team has been a major contributor in the development of Industry's first standards based remote key injection product that allows retailers to quickly and securely initiate on-site, in store payment terminal key injection at the POS.
The POS team comprises of a dedicated group of professionals with in-depth domain expertise in architecting, designing, developing, testing and maintaining POS application systems. Our experience and capabilities in the POS Application space include….
Merchant centric payment application development for POS Terminals.Migration, maintenance and support of legacy applications.
Proof-Of-Concept application and customized solution development.
In depth experience with industry standard message protocols such as ISO 8583, Visa 1, Visa 2 and other proprietary protocols.
Our PCI Research and Development team is constantly engaged with developing scalable, high efficiency solution frameworks that are readily customizable into specific payment solutions. Our R&D engagements include
Application development with Adobe Flash Lite for a rich user experience.
Application development for Microsoft App Store.
PC based POS application development.
Development of shopping cart with integrated payment interface with popular internet payment gateways for ecommerce merchants.
SMS based Money transfer application for mobile phones.
Transaction processing - Practice @ ThoughtFocus
The transaction Processing team of ThoughtFocus is currently providing development and support services to more than 10 enterprise level installations of transaction processing suite of applications. These installations are highly customized to their unique set of business processes. The installations include Acquiring Banks, Issuing Banks, Merchant Service Providers, Large Retailers (Front End Acquiring) and Loyalty, Pre-Paid and Gift Card Programs. Our team's expertise in the transaction processing space includes
Industry standard message protocols such as ISO 8583, Visa 1, Visa 2 and other proprietary protocols.
Transaction switching for On-Us and Off-Us transactions for Acquirers and Issuers.
Transaction interfaces to payment networks (Visa, MasterCard, AMEX, JCB, DISCOVER).
Transaction interfaces to payment processors like BAMS, First Data, Elavon, Authorize.net etc.
Stand-in or Local authorization of transactions.
Fraud Management solutions with velocity checking, hot card management etc.
Data security solutions to meet PCI DSS requirements.
VisaNet and Banknet Business enhancements.
Settlement applications for payment networks and processors.
Split Tender transactions for pre-paid cards.
High availability system architecture for Non-Stop operation.
Our PCI Research and Development team have embarked on several initiatives in this space too. The following are currently on our drawing board to name a few:
Development of a scalable and customizable framework for a Loyalty, Gift Card and Pre-Paid Card Programs.
Load balancing solutions for transaction switch.
PCI Compliance - Practice @ ThoughtFocus
The main focus of our PCI Compliance group is to keep track of new developments in the PCI Data Security Standards and align our solution portfolio to meet the most stringent Data Security requirements. For our enterprise level clients, the most important of the DSS requirement was to ensure securing cardholder data with the necessary encryption mechanism in place. Out team has developed and deployed solutions thereby gaining valuable expertise in:
Integrating transaction switch with a third party encryption engine.
Developing automated key management processes for secure retrieval of encryption keys.
Developing hashing and masking algorithms to protect cardholder data.
Developing database level encryption for small scale installations.
PCI Research and Development team is chartered to lead ThoughtFocus to become a one-stop shop for all PCI DSS required solutions. Some of our initiatives in that regard are:
Development of a Web application Firewall.
Development of best practices and procedures for password management.
Development of OWASP Compliant code review processes.
