Home News & events Press Releases 2011 Compass Plus included in PayX annual report


bCompassPlusCompass Plus, an international provider of retail banking software and electronic payments systems to financial institutions, today announced its inclusion in PayX’s annual ‘Card Acquiring and Switching Products Report: An Independent Assessment of Products and Suppliers’.

PayX, an independent research company specialising in the payments industry, produces the annual report to provide financial institutions and processors insight on the world’s top card acquiring payment software solutions. 

Compass Plus and its TranzWare product, a single platform providing financial institutions and payment processors with the ability to switch, route, authorise and manage electronic payments from multiple devices and delivery channels, were rated in 17 different categories. TranzWare ranks among the top five products suites out of 19, and is one of only two companies receiving a perfect score for functional configurability.

“This independent report proves that Compass Plus is among the top global providers of retail banking software and electronic payments systems,” said Olga Demina, Senior Vice President and Global Sales Director at Compass Plus. “We are particularly proud that our TranzWare product range excelled in the areas of ‘comprehensive functionality’ and ‘ease-of-use’. To surpass the expectations of today’s increasingly mobile, socially oriented and loyalty reluctant consumers, financial institutions need technology strong in both of these areas in order to quickly roll-out relevant new services across a range of channels. TranzWare is proven to help financial institutions achieve this goal.”

The report leverages input from customers,  consultants and providers themselves to deliver a comprehensive understanding of the products. Three major categories are analysed to help financial institutions save time and reduce risk in their acquiring and switching product selection: corporate profile overview, product profile overview and customer and industry profile overview. 

For additional information visit: www.payxintl.com


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