Via its Authentic software product, Alaric offers an agile, high performance, open platform solution for various types of user, including the following.

Retailers

Authentic can be deployed to acquire transactions from a retailer's POS estate and switch such transactions to one or more acquirers. Using Authentic, retailers have the option of driving their POS terminals as dumb devices, greatly facilitating PCI/DSS compliance and simplifying the process of deploying new card types.

Card issuers

Authentic can be used for routing, authorization and capture of card transactions.

Card transaction acquirers

Authentic can be used to manage networks of ATMs and POS terminals, acquire transactions from such devices, from the internet and from other payment channels and to route such transactions (via switches) to the relevant issuer for authorization and capture.

Authentic also offers acquirers a means of driving their heterogeneous captive POS estates as dumb terminals, greatly simplifying the management of such estates by obviating the need for applications to reside on the POS device.

Payment switches

Authentic can be deployed as a platform indepedent, high performance switch to route transactions between multiple acquirers, issuers, networks and other switches.

Payment processors

For service providers, Authentic can be deployed as a multi-banking solution which encompasses issuer, acquirer and switching functionality on a single platform using a single database. With its high degree of user configurability, Authentic allows a service provider to offer differentiated service offerings to its various customers while operating from a single common code base.