It is common knowledge that the IT industry is one of the areas of human activity that demonstrates the fastest growth rate. Therefore, to achieve and maintain leadership, it is critical for companies operating in industries that are fundamentally IT-based to know, embrace, and utilise the latest technology developments.
As adopted and used by a large number of well-known and hugely successful global companies, as well as proven by our own experience gained over the years, the systematic consolidation of the latest information technologies into specialist software engineering environments is the most effective way of applying these technologies to sophisticated corporate solutions. The availability of these environments to vendors greatly facilitates customisation, speeds up development and in the long run, significantly reduces the total cost of ownership for the product as a whole.
Inheriting all of these advantages, TranzAxis, a specialist open development payment platform, addresses a much broader spectrum of payment processing and retail banking automation tasks, going far beyond the architectural and conceptual frameworks of the most advanced electronic payments systems that exist today. TranzAxis represents the next generation platform specifically designed to meet the challenges presented by emerging payment technologies such as mobile and A2A (cardless) payments.
TranzAxis is designed to enable the development and support of a great variety of advanced systems, applications and technological solutions as well as financial products and services that fall within the remit of payments and retail banking. TranzAxis offers the user a full set of application development tools (builders, designers, editors, debuggers etc.), as well as a set of specialist components that may be required in implementing a multitude of diverse applications. Access to these tools, traditionally only available to the software vendor, enables payment processors and financial institutions and payment service providers to create innovative, market relevant products and services and significantly reduces time-to-market.
To find out more about TranzAxis and its functionality please watch the short video below.