Maas Global Solutions Leverages TSYS’s Summit Platform for Added Payment Processing Functionality
MGS integrates the Summit platform to expand merchant services
Las Vegas, NV (PRWEB) January 03, 2012
Maas Global announced today the integration of the Paymentsite Gateway with the TSYS in-house payment capture system known as Summit. Using the processing power of the TSYS traditional platform, Summit expands the options and services available to merchants. The added services provide Maas Global agents and ISO’s with an even greater opportunity to win new business and increase revenue. Summit offers host capture, a service that moves transaction data storage, batch creation and the payment acceptance logic from the point-of-sale (POS) device to the TSYS host. This relieves the POS device from having to store sensitive data and significantly reduces compliance-related terminal downloads.
Host capture also eliminates the need for retail merchants to "close their batch" on their terminal at the end of every day. Store managers often forget to close their batch, which in effect costs them additional processing fees—host capture ensures that once they run the transaction, they are done. And the host capture feature is ideal not only for retail sales environments, but also for any ecommerce, mail and telephone order merchants who want automated settlement. It furthermore simplifies business logic for Maas Global, eliminating the need to build a separate Paymentsite service to settle merchant batches.
With the added functionality this platform represents, agents, ISO’s and ultimately the merchants will be able to take advantage of processing benefits like transaction multi-threading and level II & III purchasing card processing as well as a wide array of other features that merchants demand in today’s competitive payments marketplace. The Summit platform also has broad industry and connectivity support for all types of merchants. “We are excited about the added utility this new platform represents for both our agents as well as our merchant customers,” said Troy Maas, CEO of Maas Global Solutions. Troy went on to say that “…the Summit platform rounds out our product offering and helps cement our processing partnership with TSYS.”
About Maas Global Solutions
Maas Global Solutions Corporation is a transaction technology company that owns and operates a state-of-the-art, fully redundant, load balanced data center that is Payment Card Industry (PCI) Level I, SAS 70 and Health Insurance Portability and Accountability Act (HIPAA) certified. MGS uses the latest security methods to keep sensitive customer information safe and secure. Contact Maas Global Solutions at sales(at)maasglobalsolutions(dot)com or call (866.293.4055).