API Console
Executive Summary
A distributed facility to capture card transactions at the point of sale
Examples of Use
Example of use:A card user uses their card to pay for a meal at a restaurant
Role Definition
Capture the card payment transaction at the merchant/point of sale. This includes obtaining the authorization for the transaction by accessing the issuer’s account through the card network. The authorized transactions are collected for subsequent batch reporting and settlement processing through the network
Related Business Scenarios
Core Business Object
Key Features
- Transaction capture
- Transaction authorization
- Transaction consolidation at the point of sale
- Transaction batch reporting for clearing through the network